This week, the share price for Chipotle Mexican Grill will be reduced by a factor of 50 due to a 50-for-1 stock split, marking the first time the company has split its shares since 2006.
Stock splits, such as the ones announced by Walmart, Nvidia, Williams-Sonoma, Broadcom, and Sony Group in 2024, involve dividing existing shares by a certain factor, leading to more shares at a lower individual value.
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