Thursday, April 28, 2005
Best Buy to accelerate store expansion plans
NEW YORK, April 27 (newratings.com) – US consumer electronics chain Best Buy Inc (BBY.NYS) Wednesday announced its decision to accelerate its store expansion plans, besides a $1.5 billion share buyback programme.
...The company, which repurchased 3.9 million shares for $200 million in the previous financial year, announced a new buyback programme to replace its earlier authorization of share repurchases worth $500 million.
...The company, which repurchased 3.9 million shares for $200 million in the previous financial year, announced a new buyback programme to replace its earlier authorization of share repurchases worth $500 million.