Best Buy : Announces Regular Quarterly Cash Dividend
May 26, 2017 at 01:12 pm
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MINNEAPOLIS-- May 26, 2017-- The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.34 per common share. The quarterly dividend is payable on July 6, 2017, to shareholders of record as of the close of business on June 15, 2017. The company had 306,618,092 shares of common stock issued and outstanding as of April 29, 2017.
Investor Contact:
Mollie O'Brien
(612) 291-7735 or mollie.obrien@bestbuy.com
Media Contact:
Jeff Shelman
(612) 291-6114 or jeffrey.shelman@bestbuy.com
Best Buy Co. Inc. published this content on 26 May 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 May 2017 12:11:18 UTC.
Original documenthttp://investors.bestbuy.com/investor-relations/news-and-events/financial-releases/news-details/2017/May-2017-Best-Buy-Announces-Regular-Quarterly-Cash-Dividend/default.aspx
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Best Buy Co., Inc. specializes in retail distribution of consumer electronic products and entertainment products. The group provides primarily computing products (computers, peripherals, software), hi-fi products (televisions, DVD players, etc.), cameras, mobile phones, audio systems and home appliances (washers, refrigerators, etc.). Net sales break down by area of activity as follows:
- the United States (92.4%): activity insured, at 28/01/2023, through a network of 978 stores distributed by names mainly between Best Buy (925) and Pacific Sales (20);
- Canada (7.6%): 160 stores distributed between Best Buy (127) and Best Buy Mobile (33).
Products are also marketed through Websites (primarily Bestbuy.com, BestBuyMobile.com, GeekSquad.com, MagnoliaAV.com, PacificSales.com, and FutureShop.ca).