CAVA Group, Inc. announced on September 17, 2026, that its Board of Directors has approved a new share repurchase program. Under this authorization, the company is permitted to purchase up to $100 million of its outstanding common stock.
The repurchase program allows for the acquisition of shares through various methods, including open market purchases, privately negotiated transactions, and other means. The company may also utilize trading plans that qualify under Rule 10b5-1 of the Securities Exchange Act of 1934. The timing and amount of repurchases will be determined at the company’s discretion, based on market conditions and prevailing stock prices.
The authorization is valid through September 17, 2027. The company does not have any obligation to purchase a specific amount of stock and reserves the right to modify, suspend, or terminate the program at any time. CAVA expects to fund the repurchases using a combination of existing cash and cash equivalents, as well as cash flows from operations.
