Starbucks Plans To Split Its Stock 2-For-1 - forbes.com -BoardProspects

Starbucks Plans To Split Its Stock 2-For-1

forbes.com Mar 18 2015 BoardNews

While Starbucks' #RaceTogether initiative has -- for all its good intentions -- gone over like a cup of cold coffee, a new financial initiative that (incidentally) involves splitting apart is receiving a bit more enthusiasm. At its annual shareholder meeting Wednesday, the coffee giant announced that its board of directors has approved a two-for-one stock split...
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Quotes
1. This split is a direct reflection of the past seven years of increasing shareholder value, enhancing the liquidity of our shares, and building an attractive share price.
Topics Mentioned
- Board of directors
- CEO
Authors
- Maggie Mcgrath, Forbes Staff
- Maggie Mcgrath