RIEF-Chipotle shareholders approve elimination of provision limiting ability to call special meeting of shareholders to only board or chairman
May 11 (Reuters) - Chipotle Mexican Grill Inc <CMG.N>:
* Shareholders approved elimination of provision limiting
ability to call special meeting of shareholders to only board or
chairman
* Board amended bylaws to implement right for shareholders
to call meetings upon request of shareholders holding at least
25% outstanding shares
* Board authorized repurchases of Chipotle common stock with
a total aggregate purchase price of $100 million, exclusive of
commissions
* Wednesday's repurchase authorization is in addition to
previously-announced repurchase authorizations totaling $1.9
billion
* Shareholders rejected proposal to approve amendment to
bylaws to adopt "proxy access" bylaw
* Shareholders voted in favor of all nominees for election
of directors
* Shareholders approved proposal to allow shareholder owning
aggregate of 3% or more stock submit candidates for election to
board
* Shareholders rejected proposal allowing shareholder owning
not less than 5% stock to submit candidates for election to
board
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