trending Market Intelligence /marketintelligence/en/news-insights/trending/xqm889yr64cffoz5kcxctg2 content esgSubNav
In This List

Starbucks rolls out $5B accelerated share repurchase program

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective

Blog

Insights Weekly: Midstream sector gains; loan growth momentum; insurance M&A on the rise


Starbucks rolls out $5B accelerated share repurchase program

Starbucks Corp. announced Oct. 12 that it has launched a $5 billion accelerated share repurchase program of its common stock, effective Oct. 1.

The program is part of the restaurant chain's plan to return $25 billion to shareholders via buybacks and dividends through fiscal 2020.

Starbucks used proceeds from its transaction with Nestlé SA to execute the accelerated share repurchase program, which is expected to be completed February-March 2019.