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CAVA Unveils $100 Million Stock Buyback Program
Benzinga6d agobullish
CAVA Unveils $100 Million Stock Buyback Program

CAVA Group, Inc. (NYSE:CAVA) stock rose in Friday premarket trading after the fast-casual restaurant chain approved a $100 million share repurchase program.CAVA Authorizes $100 Million BuybackCAVA Group’s board authorized a share repurchase program of up to $100 million, running through Sept. 17, 2027.The company may buy shares through open-market transactions, privately negotiated deals, or Rule 10b5-1 plans, depending on market conditions.It will fund repurchases with existing liquidity and op