Chipotle Mexican Grill announces pricing of secondary offering

DENVER — Chipotle Mexican Grill Inc. announced that McDonald's Ventures LLC and other stockholders have agreed to sell 4,197,331 shares of its class A common stock, par value $.01 per share, at a price of $61.50 per share. McDonald's Ventures, LLC has agreed to sell 4,100,000 shares.

 

According to a news release, Chipotle will not receive any proceeds from the offering.

 

The underwriters in the offering have an over-allotment option to purchase an additional 629,599 class A shares from McDonald's Ventures.