Chipotle's 50-for-1 stock split is the company's first. Here's why it matters

Chipotle's stock split will take effect on Wednesday, June 26, with shareholders receiving an additional 49 shares for each share held after the markets close on June 25. The record date for the stock split is June 18.

Chipotle will offer a special one-time equity grant to restaurant general managers and crew members who have worked at the chain for over 20 years2. This grant is part of the company's 50-for-1 stock split, making shares more affordable and accessible for employees and a wider range of investors4.