03.03.2015 - ​In Best Buy announced repurchase of shares

US retailer Best Buy technology announced plans to buyback of shares for the first time since 2012. This decision was made after the results for the last quarter, according to which, the company received a $ 519 million profit. The volume of buyback will be $ 1 billion. In addition, the company declared a quarterly dividend increase of 21% and a special dividend of 51 cents per share. We expect continued growth in the share price by 18-22% by the end of the year.

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