Schultz Halts Share Buyback Program and Sees Stock Price Fall
Shortly after Schultz’s announcement, Starbucks’ stock prices tumbled downward. Starbucks share prices were down almost four percent on Monday afternoon.
Howard Schultz Returns to Starbucks as Kevin Johnson Retires
Hobson also attested to her faith in Schultz by mentioning that she is confident he will reinforce and enhance the company’s dedication to innovation and growth.
