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Benzinga
Benzinga
Business
Rishabh Mishra

Starbucks Offers $6 Million Stock Bonus To Execs — But Should You Buy Its Shares? Here's What Technical Analysis Shows

Starbucks SBUX Starbucks Corp Brian Niccol
Starbucks

In order to accelerate its turnaround while managing costs, Starbucks Corp. (NASDAQ:SBUX) has offered stock grants worth $6 million to its executives. Meanwhile, the stock’s technical analysis paints a mixed picture for its momentum.

What Happened: The performance-based awards, in the form of restricted stock units, have a vesting period lasting till the fiscal year 2027, which will end around late September 2027, the company said Wednesday in a regulatory filing.

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