Coffee giant Starbucks announced on Wednesday that the company’s board has authorized the repurchase of up to 40 million shares through the end of fiscal 2021. CEO Kevin Johnson spoke on CNBC’s “Mad Money with Jim Cramer” to defend the move and said, “Look, we’ve got a strong balance sheet, BBB investment credit rating. If … Continue reading “Starbucks Authorizes Repurchase of Up to 40 Million Shares”
