Bed Bath & Beyond Inc. Buyback
OLI recorded this information on 10/28/2020
Bed Bath & Beyond Inc.
Bed Bath & Beyond Inc. (NASDAQ: BBBY) announced today a share repurchase program totaling up to $675 million over the next three years. As part of the program, the Company has entered into an accelerated share repurchase agreement (ASR) to repurchase an aggregate of $225 million of Bed Bath & Beyond's common stock.
Bed, Bath & Beyond is an omnichannel retailer. Co. sells an assortment of merchandise in the Home, Baby, Beauty & Wellness markets and operate under the names Bed Bath & Beyond, buybuy BABY, and Harmon, Harmon Face Values, or Face Values. Co. also operates Decorist Inc, an online interior design platform that provides personalized home design services. Co. provides an assortment of national brands and a line of owned brand merchandise in primary destination categories including bedding, bath, kitchen food prep, home organization, indoor decor, baby and personal care. Co. operates an omnichannel platform consisting of various websites and applications and physical retail stores.
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Hold (1.52 out of 4)