Starbucks shares set sights on eighth all-time-high close of 2019
Shares of Starbucks Corp. SBUX, +0.52% rose 0.6% in morning trade, pairing earlier gains of as much as 1.4%, but that was still enough to put them on track for a second record close this month, and eighth record this year. The coffee seller announced earlier that it had entered into a $2 billion accelerated stock repurchase agreement, as well as a new effort to revamp its customer experience. That announcement comes a day after Starbucks announced a new tiered loyalty rewards program.
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