Best Buy Files 8-K on Security Holder Vote

TL;DR

BBY filed an 8-K for a shareholder vote. Details TBD.

AI Summary

On June 12, 2024, Best Buy Co., Inc. filed an 8-K report detailing a submission of matters to a vote of security holders. The filing does not contain specific details about the nature of the vote or any associated financial implications in the provided text.

Why It Matters

This filing indicates a formal process where Best Buy's security holders will be asked to vote on certain matters, which could impact corporate governance or strategic decisions.

Risk Assessment

Risk Level: low — The filing is procedural and does not disclose any immediate financial risks or significant changes.

Key Players & Entities

• BEST BUY CO., INC. (company) — Registrant
• June 12, 2024 (date) — Date of earliest event reported
• Minnesota (jurisdiction) — State of incorporation
• 7601 Penn Avenue South (address) — Principal executive offices
• Richfield, Minnesota 55423 (location) — Principal executive offices location
• ( 612 ) 291-1000 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.10 — nge on which registered Common Stock, $0.10 par value per share BBY New York St

Filing Documents

• bby-20240612x8k.htm (8-K) — 176KB
• bby-20240612x8kg001.jpg (GRAPHIC) — 130KB
• 0000764478-24-000024.txt ( ) — 552KB
• bby-20240612.xsd (EX-101.SCH) — 2KB
• bby-20240612_lab.xml (EX-101.LAB) — 19KB
• bby-20240612_pre.xml (EX-101.PRE) — 10KB
• bby-20240612x8k_htm.xml (XML) — 5KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. On June 12, 2024, Best Buy Co., Inc. (the "registrant") held its Regular Meeting of Shareholders (the "Meeting"). At the close of business on April 15, 2024, the record date for the determination of shareholders to vote at the Meeting, there were 216,352,418 shares of common stock of the registrant issued and outstanding. The holders of 194,879,689 shares of common stock were represented either in person or by proxy at the Meeting, which constituted a quorum. The final results of the votes of the shareholders of the registrant are set forth below: 1. Election of Directors. The following individuals were elected as directors for a term of one year, based upon the following votes: Director Nominee For Against Abstain Broker Non-Vote Corie S. Barry 176,727,922 643,860 163,310 17,344,597 Lisa M. Caputo 172,296,520 5,076,619 161,953 17,344,597 David W. Kenny 173,671,033 3,694,406 169,653 17,344,597 David C. Kimbell 176,295,045 1,070,998 169,049 17,344,597 Mario J. Marte 176,341,461 1,026,770 166,861 17,344,597 Karen A. McLoughlin 176,901,085 471,225 162,782 17,344,597 Claudia F. Munce 176,876,995 494,834 163,263 17,344,597 Richelle P. Parham 175,345,032 2,026,494 163,566 17,344,597 Steven E. Rendle 176,857,124 494,778 183,190 17,344,597 Sima D. Sistani 176,266,891 1,096,039 172,162 17,344,597 Melinda D. Whittington 176,928,114 443,849 163,129 17,344,597 2. Ratification of Appointment of Independent Registered Public Accounting Firm . The appointment of Deloitte & Touche LLP as the registrant's independent registered public accounting firm for the fiscal year ending February 1, 2025, was ratified based upon the following votes: For Against Abstain Broker Non-Vote 191,604,556 3,090,415 184,718 — 3. Advisory Vote on Executive Compensation. The proposal relating to the

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BEST BUY CO., INC. (Registrant) Date: June 14, 2024 By: /s/ TODD G. HARTMAN Todd G. Hartman Executive Vice President, General Counsel, Chief Risk Officer and Secretary 3

View Full Filing

View this 8-K filing on SEC EDGAR