Howard Schultz continues to ‘pour his heart into Starbucks’. The Starbucks (SBUX) Interim CEO and Director just bought 210,000 Starbucks shares worth about $14.98 million. Schultz acquired the shares on May 12 and May 16. Notably, the stock purchase comes at a very critical time for the company and after eight long years for Schultz. The last time he bought Starbucks shares was in May 2014. The total value of Schultz’s Starbucks holdings now stands at about $1.65 billion. Why This Buy Is Important?     Starbucks shares are down 38% so far in 2022 and are languishing at 52-week low levels.
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Starbucks (NASDAQ:SBUX)
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