Starbucks Announces Additional Stock Repurchase Authorization

November 16th, 2010 davidguide

SEATTLE–(BUSINESS WIRE)–Starbucks Corporation (Nasdaq: SBUX) today announced that its Board of Directors has authorized the repurchase of up to 10 million shares of the company’s common stock. This authorization is in addition to the 10.1 million shares that remained available at fiscal year-end 2010 for repurchase under an existing authorization. “This additional authorization to repurchase stock reflects the strength of Starbucks balance sheet as well as our strong ongoing operating cash flo

View full post on Press Release – Retail Stories

Posted in Corporation Tags: , , , , , , , , , , , ,
«
»
Both comments and pings are currently closed.

Comments are closed.

Twitter Delicious Facebook Digg Stumbleupon Favorites More