Coverage dated April 3, 2022

Starbucks suspends stock buyback program as more locations unionize

Headline from CBS News

Interim CEO Howard Schultz said it's time to redirect funds to "invest more profit into our people and our stores."

CBS News's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

9 articles, oldest first.

  1. Washington Times

    Starbucks halts stock buybacks as Schultz pivots to workers (opens Washington Times)

    Published

    Washington Times's feed description

    Starbucks founder and new interim CEO Howard Schultz announced Monday that the coffee chain was suspending its share repurchase program to “invest more profit into our people and our stores.”

  2. CBS News

    Starbucks suspends stock buyback program as more locations unionize (opens CBS News)

    Published

    CBS News's feed description

    Interim CEO Howard Schultz said it's time to redirect funds to "invest more profit into our people and our stores."

  3. WFMZ Allentown

    Starbucks halts stock buybacks as Schultz returns (opens WFMZ Allentown)

    Published

    WFMZ Allentown's feed description

    Longtime Starbucks leader Howard Schultz returned to the company as interim CEO Monday. Among his first actions was suspending Starbucks' $20 million share buyback program to invest more profits in

  4. FOX Business

    Starbucks interim CEO Schultz suspends stock repurchasing, refocusing capital in employees, stores (opens FOX Business)

    Published

    FOX Business's feed description

    Howard Schultz, taking over the reins of the coffee giant once again, told employees that he would suspend the coffee giant's stock repurchasing program in order to refocus its capital on employees.

  5. Al Jazeera

    Starbucks’s Schultz announces halt to stock buybacks, shares drop (opens Al Jazeera)

    Published

    Al Jazeera's feed description

    The Starbucks founder and new interim CEO said the coffee giant would invest more profit into its people and stores.

  6. Digital Journal

    Starbucks interim CEO Schultz to suspend share buyback program (opens Digital Journal)

    Published

    Digital Journal's feed description

    The newly installed interim chief executive of Starbucks Howard Schultz announced Monday he will suspend a share repurchase program as the chain navigates

  7. CNN

    Howard Schultz suspends Starbucks' share buyback program (opens CNN)

    Published

    CNN's feed description

    Howard Schultz's first act on his return as Starbucks CEO is to pause the company's share buyback program.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.