Did the company use some of the monies from the sale to increase the buyback purchases by $300M? If I read that correctly, then I'm p-ss-d. The cash used could have been put to much better use. Although I'm not sure why am I surprised, as always it’s all about the shareholders and executives.
https://www.fool.com/investing/2020/12/17/bed-bath-beyond-completes-asset-sales-with-cost-pl/
Interesting thought about Amazon/BBBY. It is also interesting that Amazon is opening more brick and mortar stores..I guess Amazon will continue to conquer retail.
Amazon looking to get into more Physical type stores.
BBB looking to make the bottom line look better, could we be a good buy to Amazon ???
"The cash used could have been put to much better use."
They are. If you would have done your research they basically adding another layer to keep the company afloat.
On perspective, they are buying back the company ownership, decreasing the say of the public. It’s not a bad idea.
Yet another poster who does not understand business. How many multi-million companies have you run? What is your educational level? Seriously..these posts crack me up..posters who think they can run a huge company and think they know better