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Form 8-K · Current Report · Filed 2025-06-30

Starbucks Updates Corporate Governance Rules

Starbucks Corporation updated its bylaws on June 25, 2025, to address universal proxy rules and modify procedures for shareholder proposals.

Filer
Starbucks Corporation SBUX · NASDAQ
Filed
Accession
0000829224-25-000046
CIK
0000829224
Signal
Medium impactConsumer Cyclical

Details

This includes changes to proxy card colors and other technical updates. The full amended bylaws are attached as Exhibit 3.1.

Items reported

Item 5.03

Amendments to Articles of Incorporation or Bylaws

Bylaw Amendment Articles of Incorporation Amendment

Market reaction

Close before filing

$92.11

Next session

+3.1%

Since filing

+14.3%

Latest close

$105.25

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

Exhibits (1)

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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