Cava Group authorizes $100M stock buyback
CAVA Group, Inc. (CAVA) announced that its board of directors approved a share repurchase program authorizing purchases of up to $100 million of its outstanding common stock.
Rhea-AI Filing Summary
CAVA Group, Inc. (CAVA) announced that its board of directors approved a share repurchase program authorizing purchases of up to $100 million of its outstanding common stock. Repurchases may occur in the open market, through privately negotiated transactions or other methods, including trading plans intended to qualify under Rule 10b5-1.
The program runs until September 17, 2027, may be modified, suspended or terminated at any time, and does not require the company to repurchase any specific amount of stock. CAVA expects to fund any repurchases using a combination of existing cash and cash equivalents and cash flows from operations.
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8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Share repurchase authorization: $100 million
Repurchase program expiration date: September 17, 2027
Restaurant count: More than 450 restaurants
+3 more
6 metrics
Share repurchase authorization
$100 million
Maximum aggregate amount of common stock CAVA is authorized to repurchase
Repurchase program expiration date
September 17, 2027
Date on which the authorized share repurchase program expires
Restaurant count
More than 450 restaurants
CAVA locations across 29 states and Washington, D.C.
States of operation
29 states and Washington, D.C.
Geographic footprint of CAVA’s restaurant base
Team members
More than 15,000
Number of CAVA employees mentioned in the company description
Menu combinations
More than 17 billion
Possible ingredient combinations for bowls and pitas
Key Terms
share repurchase program, Rule 10b5-1, forward-looking statements, Private Securities Litigation Reform Act of 1995, +1 more
5 terms
Rule 10b5-1 regulatory
"including through trading plans intended to qualify under Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
forward-looking statements regulatory
"This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Private Securities Litigation Reform Act of 1995 regulatory
"forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995"
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How long will CAVA’s (CAVA) $100 million repurchase program be in effect?
The share repurchase program will expire on September 17, 2027. It may be modified, suspended, or terminated at any time at the company’s discretion and does not obligate CAVA to repurchase any particular amount of common stock.
What methods can CAVA (CAVA) use to execute its repurchase program?
Repurchases may be made in the open market, in privately negotiated transactions, or by other means, including through trading plans intended to qualify under Rule 10b5-1, and will be structured to comply with applicable federal securities laws.
Did CAVA (CAVA) issue a press release about the repurchase program?
Yes. On September 18, 2026, CAVA issued a press release announcing the $100 million share repurchase program. The release is attached as Exhibit 99.1 and is furnished, not filed, for purposes of the Exchange Act.
How large is CAVA’s current restaurant footprint mentioned in the filing?
CAVA operates more than 450 restaurants across 29 states and Washington, D.C., providing Mediterranean fast-casual offerings with more than 17 billion possible ingredient combinations, and employs more than 15,000 team members.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 17, 2026
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (202 ) 400-2920
Not applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 Regulation FD Disclosure.
On September 17, 2026, the Board of Directors of CAVA Group, Inc. (the “Company”) approved a share repurchase program with authorization to purchase up to $100 million of its outstanding shares of common stock. Repurchases under the program may be made in the open market, in privately negotiated transactions or by other means, including through trading plans intended to qualify under Rule 10b5-1 of the Securities Exchange Act of 1934 (the “Exchange Act”), with the amount and timing of repurchases to be determined at the Company’s discretion, depending on market and business conditions, and prevailing stock prices among other factors. Open market repurchases will be structured to occur in accordance with applicable federal securities laws.
The share repurchase program will expire on September 17, 2027. This program does not obligate the Company to acquire any particular amount of common stock, and may be modified, suspended or terminated at any time at the Company's discretion. The Company expects to fund repurchases with a combination of existing cash and cash equivalents and cash flows from operations.
On September 18, 2026, the Company issued a press release announcing the share repurchase program. A copy of the press release is attached as Exhibit 99.1 and incorporated by reference herein.
The information contained in this Item 7.01 and in Exhibit 99.1 to this Current Report on Form 8-K is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, or the Exchange Act, regardless of any general incorporation language in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |||||||
| 99.1 | Press release issued by CAVA Group, Inc. on September 18, 2026. | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |||||||
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: September 18, 2026 | CAVA Group, Inc. | ||||||||||
| By: | /s/ Tricia Tolivar | ||||||||||
| Name: | Tricia Tolivar | ||||||||||
| Title: | Chief Financial Officer (duly authorized officer and principal financial officer) | ||||||||||
EXHIBIT 99.1
CAVA Announces a $100 Million Share Repurchase Program
WASHINGTON, D.C. (September 18, 2026) – CAVA Group, Inc. (NYSE: CAVA), today announced that its board of directors approved a share repurchase program with authorization to purchase up to $100 million of its outstanding shares of common stock. Repurchases under the program may be made in the open market, in privately negotiated transactions or by other means, including through trading plans intended to qualify under Rule 10b5-1 of the Securities Exchange Act of 1934, with the amount and timing of repurchases to be determined at the Company’s discretion, depending on market and business conditions, and prevailing stock prices among other factors. Open market repurchases will be structured to occur in accordance with applicable federal securities laws.
The share repurchase program will expire on September 17, 2027. This program does not obligate the Company to acquire any particular amount of common stock, and may be modified, suspended or terminated at any time at the Company's discretion. The Company expects to fund repurchases with a combination of existing cash and cash equivalents and cash flows from operations.
Forward-looking statements
This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. These forward-looking statements relate to matters such as our expectations regarding the implementation and execution of our share repurchase program. These statements may include words such as “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “future,” “will,” “seek,” “foreseeable,” “outlook,” the negative version of these words or similar terms and phrases.
The forward-looking statements contained in this press release are based on management’s current expectations and are not guarantees of future performance. The forward-looking statements are subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. Our expectations, beliefs, and projections are expressed in good faith, and we believe there is a reasonable basis for them. However, there can be no assurance that management’s expectations, beliefs, and projections will result or be achieved. Moreover, we operate in a very competitive and rapidly changing environment, and new risks may emerge from time to time. Actual results may differ materially from these expectations due to changes in global, regional, or local economic, business, competitive, market, regulatory, and other factors, including the timing and amount of repurchases of our common stock, if any, changes to our expected liquidity position, the possibility that the repurchase program may be suspended or terminated at any time and the risk factors set forth in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, many of which are beyond our control.
You should not put undue reliance on any forward-looking statement. Any forward-looking statement made by us in this press release speaks only as of the date of this press release and are expressly qualified in their entirety by the cautionary statements included in this press release. We do not undertake any obligation to revise or update any forward-looking statements, except as required by law. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them.
About CAVA
CAVA is the category-defining Mediterranean fast-casual restaurant brand bringing together bold, healthful flavors and ingredients at scale. A founder-led company, CAVA is guided by the belief that food should taste as good as it makes you feel, and that great meals and warm Mediterranean hospitality go hand in hand. Across more than 450 restaurants in 29 states and Washington, D.C., guests can choose from an abundant selection of chef-curated or build
your own bowls and pitas to meet their dietary and taste preferences. There are more than 17 billion possible ingredient combinations, featuring a variety of proteins, vegetables, signature dips such as Crazy Feta®, house-made beverages, and more. Guided by its mission to bring heart, health, and humanity to food, CAVA provides meaningful career opportunities for more than 15,000 team members and continues to invest in its people and communities. Learn more at cava.com.
Contact, Investor Relations:
Katie Semple, Investor Relations
investor.relations@cava.com
Contact, Media Relations:
media@cava.com