Best Buy Files 8-K on Security Holder Vote

Ticker: BBY · Form: 8-K · Filed: 2024-06-14T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, shareholder-vote

Related Tickers: BBY

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

FAQ

What specific matters are being submitted for a vote of Best Buy's security holders?

The provided text of the 8-K filing does not specify the exact matters to be voted upon by security holders.

When is the vote scheduled to take place?

The filing indicates the report date as June 12, 2024, but does not specify a date for the security holder vote.

Has Best Buy Co., Inc. previously filed an 8-K for a similar purpose?

The filing does not provide historical context on previous 8-K filings related to security holder votes.

What is the primary business of Best Buy Co., Inc. as indicated in the filing?

Best Buy Co., Inc. is identified as being in the RETAIL-RADIO TV & CONSUMER ELECTRONICS STORES sector, SIC code 5731.

Where are Best Buy's principal executive offices located?

Best Buy's principal executive offices are located at 7601 Penn Avenue South, Richfield, Minnesota 55423.

From the Filing

0000764478-24-000024.txt : 20240614 0000764478-24-000024.hdr.sgml : 20240614 20240614162535 ACCESSION NUMBER: 0000764478-24-000024 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240612 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20240614 DATE AS OF CHANGE: 20240614 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BEST BUY CO INC CENTRAL INDEX KEY: 0000764478 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-RADIO TV & CONSUMER ELECTRONICS STORES [5731] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 410907483 STATE OF INCORPORATION: MN FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09595 FILM NUMBER: 241045222 BUSINESS ADDRESS: STREET 1: 7601 PENN AVE SOUTH CITY: RICHFIELD STATE: MN ZIP: 55423 BUSINESS PHONE: 6122911000 MAIL ADDRESS: STREET 1: 7601 PENN AVE SOUTH CITY: RICHFIELD STATE: MN ZIP: 55423 FORMER COMPANY: FORMER CONFORMED NAME: BEST BUYS CO INC DATE OF NAME CHANGE: 19900809 8-K 1 bby-20240612x8k.htm 8-K bby-20240612x8k false 0000764478 0000764478 2024-06-12 2024-06-12 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C.  20549 FORM  8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) June 12, 2024 BEST BUY CO., INC. (Exact name of registrant as specified in its charter) Minnesota 1-9595 41-0907483 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 7601 Penn Avenue South Richfield , Minnesota 55423 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code ( 612 ) 291-1000 N/A (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol Name of exchange on which registered Common Stock, $0.10 par value per share BBY New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  If an emerging growth company, indicate by check mark if registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ‎ 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 No

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