CAVA Approves $100 Million Share Repurchase Program

The Mediterranean fast-casual chain's board authorized buybacks of up to $100 million, funded from cash on hand and operating cash flow, through September 2027.

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CAVA operates more than 450 Mediterranean fast-casual restaurants across 29 states and Washington, D.C.
Source: Wikimedia

CAVA Group (CAVA) said its board of directors has approved a share repurchase program authorizing the purchase of up to $100 million of outstanding common stock. The Washington, D.C.-based Mediterranean fast-casual chain disclosed the authorization in an 8-K filing on September 18, 2026.