Best Buy Spent $168 Million on ‘Incremental’ Share Buyback Before Dec. 5, Says 10-Q
Best Buy at the Nov. 3 close of its Q3 had $1.9 billion available for future stock buybacks of the $5 billion its board authorized in February 2017, said the retailer Friday in a 10-Q. It spent $168 million of…
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that remaining money between Nov. 3 and Dec. 5 on an “incremental” buyback of 2.5 million shares, it said.