Shareholder information
Corporate campus
Best Buy Co., Inc.
7601 Penn Avenue South
Richfield, MN 55423-3645
Phone: (612) 291-1000
Independent registered public accounting firm
Deloitte & Touche LLP
Outside general counsel
Robins, Kaplan, Miller & Ciresi L.L.P.
Regular meeting of shareholders
June 25, 2008, 9:30 a.m. (CDT)
Best Buy corporate campus–theater
If you have a proposal for a future meeting, please send it to Joseph M. Joyce, Senior Vice President—General Counsel and Assistant Secretary, at the company's corporate campus in Richfield, Minn. The deadline for proposals to be included in the proxy for the 2009 regular meeting of shareholders is Jan. 15, 2009. More details are included in our proxy statement.
General information
Shareholders may access our SEC filings, annual reports and quarterly financial results by visiting the "For Our Investors" section of our Web site, www.BestBuy.com. A Web-based e-mail notification system also is available under "E-mail Alerts" to alert subscribers to new financial releases, SEC filings, upcoming events and other significant postings.
You may also visit our Web site to obtain product information, company background information, current news, financial information and our Corporate Responsibility Report.
Or contact:
Best Buy Co., Inc.—investor relations
Jennifer Driscoll, Vice President
Charles Marentette, Senior Director
Wade Bronson, Director
7601 Penn Avenue South
Richfield, MN 55423-3645
Phone: (612) 291-6147
Transfer agent
For questions regarding your stock certificates—such as lost certificates, name changes and transfers of ownership, please contact our transfer agent:
Computershare Trust Company, N.A.
P.O. Box 43078
Providence, RI 02940-3078
Phone: (877) 498-8861 or
(781) 575-2879
Hearing impaired: (800) 952-9245
www.computershare.com
Dividend policy
We pay a quarterly cash dividend to holders of common shares. The quarterly rate was 13 cents per common share at the end of fiscal 2008.
Stock split history
Our stock has split eight times in the company's history.
| Date | Split |
| 4/1/1986 | Two for one |
| 2/23/1987 | Three for two |
| 9/2/1993 | Three for two |
| 4/29/1994 | Two for one |
| 5/27/1998 | Two for one |
| 3/19/1999 | Two for one |
| 5/13/2002 | Three for two |
| 8/4/2005 | Three for two |
Direct stock purchase and dividend reinvestment plan
You may purchase our common stock and/or elect to reinvest your dividend directly through our transfer agent. To obtain information on the plan or to enroll:
By Mail:
Computershare Investment Plan for Best Buy
c/o Computershare
P.O. Box 43081
Providence, RI 02940-3081
By Internet:
Please visit the "For Our Investors" section of our Web site at
www.BestBuy.com and click on
"Direct Stock Purchase Plans."
Financial releases for fiscal 2009
We normally distribute financial releases before the market opens. Quarterly earnings conference calls typically are scheduled at 10 a.m., Eastern Time. We do not expect to host a conference call in conjunction with the release of December revenue results.
| Disclosure | Estimated date |
| First-quarter earnings | 6/17/2008 |
| Second-quarter earnings | 9/16/2008 |
| Third-quarter earnings | 12/16/2008 |
| December revenue | 1/9/2009 |
| Fourth-quarter earnings | 4/1/2009 |
Shareholders at a glance
As of March 1, 2008, the percentage of shares beneficially held by directors and executive officers (28 people) was 19 percent. Founder and Chairman Richard M. Schulze held almost 70 million shares beneficially (approximately 17 percent of shares outstanding).
As of Dec. 31, 2007, the top institutional shareholders were:*
- Capital World Investors 54.1 million shares
- Capital Research Global Investors 29.3 million shares
- The Goldman Sachs Group, Inc. 25.6 million shares
- State Street Global Advisors 12.2 million shares
- Vanguard Group 10.9 million shares
*Source: FactSet and SEC filings