Tag Archives | BBY

Best Buy Authorizes $5.5 Billion Share Repurchase Program and 30% Dividend Increase

Best Buy Co., Inc. (NYSE:BBY) announced a new $5.5 billion share repurchase program, which replaces the current $1.5 billion program. In addition, the company increased its dividend by 30 percent to 13 cents per common share. The company cited anticipated future earnings and cash flow, its strong balance sheet, and the planned capital needed for [...]

Read full story Comments are closed