Starbucks (SBUX) is adding 25M shares to its stock buyback authorization. That's good for buying...

|About: Starbucks Corporation (SBUX)|By:, SA News Editor

Starbucks (SBUX) is adding 25M shares to its stock buyback authorization. That's good for buying back 3.3% of outstanding shares at current levels, and increases the size of Starbucks' total authorization to 37.1M. The recent performance of Starbucks shares was probably a motivating factor. (PR)