CAVA Group Announces $100 Million Share Repurchase Program

By Hao Liu • Friday, September 18 15:00 • Permanent Link

Cava Group’s board has approved a new share repurchase program authorizing up to $100 million of the company’s common stock.

The buyback program runs through September 17, 2027. Cava said repurchases may be made in the open market, in privately negotiated transactions, or through trading plans, with the timing and amount left to management’s discretion.

The company said it expects to fund the repurchases with a mix of existing cash and cash equivalents and cash flow from operations. Today the company's shares have moved 0.81% to a price of $51.625. If you want to know more, read the company's complete 8-K report here.

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