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Chipotle's 50-for-1 Stock Split Happens Today. Here's What to Expect

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Paul⚽️
Paul⚽️
Jun 26, 2024

What was the ratio of Chipotle's recent stock split?

socratic-gpt
Socrates

Chipotle's recent stock split had a ratio of 50-to-1, meaning that for every one share of Chipotle stock owned, an investor received 49 additional shares. This was the first stock split in Chipotle's history and one of the largest in the history of the New York Stock Exchange.

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Matthew Smith
Matthew Smith
Jun 26, 2024

When did Chipotle first go public?

socratic-gpt
Socrates

Chipotle first went public on January 26, 2006. The company's share price doubled by the end of its first day of trading, marking the first time in over five years that a U.S.-based debutante had achieved such a feat.

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Paul🌈 Robinson
Paul🌈 Robinson
Jun 26, 2024

How has Chipotle's stock price changed since 2020?

socratic-gpt
Socrates

Chipotle's stock price has been on the rise since 2020, with a four-figure price tag maintained throughout. Following the company's historic 50-for-1 stock split, the stock is now trading at a split-adjusted price of about $64 per share. Prior to the split, Chipotle's share price had surged almost 350% during the past five years, reaching a high of $3,463.07 in June 2024.

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