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On March 2, 2015, Best Buy Co. announced that it planned torepurchase up to...

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Accounting

On March 2, 2015, Best Buy Co. announced that it planned torepurchase up to $1 billion of its common shares. The company alsoannounced on that day that an increase in its quarterly dividendfrom $0.19 to $0.23 per share, and a one-time special dividend of$0.51 per share. The special dividend resulted from a windfalllegal settlement related to the manufacture of liquid crystaldisplays it had sold.

Which method of returning capital to investors (repurchases,regular dividends, special dividends) do you think is viewed byshareholders most favorably, and why?

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4.1 Ratings (754 Votes)
Best B Co sold manufacture of liquid crystal displays has a huge some of money within the companyinvestors may have different views to utilise this money that holding it as surplus As keeping money wont either increse company value nor get into hands of shareholders Shareholders View on Repurchasedividend In consider divdend    See Answer
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In: AccountingOn March 2, 2015, Best Buy Co. announced that it planned torepurchase up to $1...On March 2, 2015, Best Buy Co. announced that it planned torepurchase up to $1 billion of its common shares. The company alsoannounced on that day that an increase in its quarterly dividendfrom $0.19 to $0.23 per share, and a one-time special dividend of$0.51 per share. The special dividend resulted from a windfalllegal settlement related to the manufacture of liquid crystaldisplays it had sold.Which method of returning capital to investors (repurchases,regular dividends, special dividends) do you think is viewed byshareholders most favorably, and why?

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