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-0.0001369675386934 -0.000410902616080005 -0.0001369675386934 -0.00136967538693341 0.00232844815778663 -0.00191754554170662 -0.00273935077386663 -0.00205451308040002
Stock impact report

Starbucks CEO Howard Schultz Orders a Double Shot of the Stock [MarketWatch]

Starbucks Corporation (SBUX) 
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
Company Research Source: MarketWatch
aggressively buying the coffee retailer's tumbling shares this month. Starbucks stock has fallen 38% in 2022 and is off 43% from its 52-week highs. The S&P 500 index is down 18% this year. Shares have been under pressure as the company navigated the pandemic, supply-chain disruptions, and a wave of unionization efforts at Starbucks locations. When Schultz took the reins as interim CEO in April, he suspended Starbucks' share-repurchase program and said he'd invest in employees and stores. While the company has refrained from buying back stock, Schultz has shown no such reserve. He disclosed in a filing with the Securities and Exchange Commission that he bought $10 million in shares on May 10. This past Monday, he disclosed another big purchase. He paid about $5 million for another 72,500 shares on May 12 at an average price of $68.85. He now owns 19.6 million shares directly, with another 2.2 million shares held through limited liability companies. Starbucks stock closed at $71.9 Show less Read more
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