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Form 8-K · Current Report · Filed 2025-03-14

Starbucks Shareholders Approve Key Proposals at 2025 Annual Meeting

On March 12, 2025, Starbucks Corporation held its Annual Meeting of Shareholders where shareholders elected the board of directors and approved the compensation of named executive officers.

Filer
Starbucks Corporation SBUX · NASDAQ
Filed
Accession
0000829224-25-000024
CIK
0000829224
Signal
Medium impactConsumer Cyclical

Details

The ratification of Deloitte & Touche LLP as the company's independent registered public accounting firm for fiscal year 2025 was also approved. Shareholder proposals related to discrimination risks, board chair independence, human rights, and emissions reporting were not approved.

Items reported

Item 5.07

Submission of Matters to a Vote of Security Holders

Director Elections Results Equity Plan Approved

Market reaction

Close before filing

$96.04

Next session

+3.2%

Since filing

+9.6%

Latest close

$105.25

What happened, not what will happen — closing prices around the filing date.

About Starbucks Corporation

Starbucks Corporation is a renowned global leader in the coffeehouse industry, offering a wide array of beverages including coffee, tea, and other specialty drinks, alongside complementary food items. The company operates retail locations worldwide, providing customers with a unique coffeehouse experience characterized by quality products and a welcoming atmosphere. Beyond its physical stores, Starbucks significantly impacts the coffee production industry, promoting sustainable sourcing and ethical supply chain practices. Its operations extend into grocery and convenience stores through products like ready-to-drink beverages and consumer-packaged coffee. Founded in 1971 and headquartered in Seattle, Washington, Starbucks Corporation is pivotal in shaping consumer beverage preferences and enhancing global coffee culture, influencing both retail and wholesale sectors.

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