According to @StockMKTNewz, Chipotle (CMG) said its board authorized an additional $1.8 billion for its share repurchase program, expanding its buyback capacity for future execution. Source: @StockMKTNewz (X, Dec 8, 2025). Open-market repurchases reduce shares outstanding when executed, which can be EPS-accretive and supportive for near-term price action, a dynamic closely watched by equity traders around buyback activity. Source: U.S. SEC Office of Investor Education and Advocacy, Investor Bulletin on Stock Buybacks (2023); Ikenberry, Lakonishok, and Vermaelen, Journal of Financial Economics (1995). Given that crypto assets have shown higher post-2020 correlation with U.S. equities, sizable buyback authorizations may modestly improve broader risk sentiment, with potential read-through for BTC and ETH. Source: International Monetary Fund, 2022 Global Financial Stability analysis on crypto–equity correlations.