05:09 PM EDT, 09/15/2025 (MT Newswires) -- Chipotle Mexican Grill ( CMG ) said Monday its board has authorized an additional $500 million for share repurchases.

The company said the regular quarterly board authorization would normally be disclosed in a quarterly report, but it is announcing the additional authorization early to be able to buy back shares using the additional authorization before filing the Q3 Form 10-Q.

Chipotle said that, including the latest authorization, as of Monday a total of about $750 million remains authorized for share buybacks.

The company's shares were up 1.7% in after-hours activity.