Starbucks Announces Cash Dividend at the Annual Shareholders Meeting

Hello Starbucks Shareholders,

Based on the overall financial strength of the business and the strong cash flow it continues to generate, Starbucks just announced a plan for returning cash to shareholders.  The company is initiating a quarterly cash dividend in the amount of $0.10 per share, and has just announced authorization for the repurchase of an additional 15 million shares of common stock.

You can watch an on-demand replay of the Annual Meeting on Starbucks.com to hear more about the cash divided and other company announcements.

Warm regards,

Troy Alstead
chief financial officer

Reward the Shareholders
posted by safeTman



Steve 2
3/25/2010 12:26 PM

Sure took a long, long time for you start paying a dividend.   What does this repurchase of stock have to do with shareholderss and how does it affect us?


Sign In to make a comment.

Ideas so far

Popular Tags

Archives