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Item 7.01
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Regulation FD Disclosure.
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Chipotle Mexican Grill, Inc. ("Chipotle") today announced that its Board of Directors, on December 4, 2025, had authorized an additional $1.8 billion for share repurchases. Historically, Chipotle's Board has authorized additional share repurchase pools on a quarterly basis; however, beginning with this authorization, the Board intends to authorize share repurchase pools with a larger dollar amount to cover multiple quarters. Including this additional authorization, as of December 5, 2025 a total of approximately $1.85 billion remains authorized for share repurchases. Chipotle has repurchased approximately $2.3 billion of shares year to date through December 5, 2025. Chipotle has had a share repurchase program in place since 2008. There is no expiration date for this program and the repurchase authorization may be modified, suspended, or discontinued at any time.