Best Buy 2006 Annual Report Download - page 117

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Best Buy 2006 Annual Report
shareholder information
CCoorrppoorraattee CCaammppuuss
Best Buy Co., Inc.
7601 Penn Avenue South
Richfield, MN 55423-3645
Phone: (612) 291-1000
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PPuubblliicc AAccccoouunnttiinngg FFiirrmm
Deloitte & Touche LLP (fiscal 2006)
Ernst & Young LLP (fiscal 2005 and scal 2004)
GGeenneerraall CCoouunnsseell
Robins, Kaplan, Miller & Ciresi L.L.P.
AAnnnnuuaall SShhaarreehhoollddeerrss
MMeeeettiinngg
June 21, 2006, 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 considered at the 2007 regular meeting
of shareholders is Jan. 17, 2007. More details
are included in Best Buy’s proxy statement.
GGeenneerraall IInnffoorrmmaattiioonn
Shareholders may access Best Buy’s SEC
lings, annual reports and quarterly financial
results by visiting the company’s Web site,
www.BestBuy.com. Scroll toward the bottom
of the page and select “For Our Investors.
A Web-based e-mail notification system also
is available under E-mail Alerts to alert
subscribers to newnancial releases, SEC
lings, upcoming events and other significant
postings.
You also may visit our Web site to obtain
product information, company background
information, current news, nancial information
and our corporate social responsibility report.
Or, contact:
Best Buy Co., Inc.— Investor Relations
Jennifer Driscoll, Vice President
Charles Marentette, Senior Director
Carla Haugen, Director
7601 Penn Avenue South
Richfield, MN 55423-3645
Phone: (612) 291-6147
TTrraannssffeerr AAggeenntt
For questions regarding your stock certificates—
such as lost certificates, name changes and
transfers of ownership please contact Best Buy’s
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
DDiivviiddeenndd PPoolliiccyy
We pay a quarterly cash dividend to holders of
common shares. The quarterly rate was 8 cents
per common share at the end ofscal 2006.
SSttoocckk SSpplliitt HHiissttoorryy
Best Buy’s 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/ 3/ 2005 Three for two
DDiirreecctt SSttoocckk PPuurrcchhaassee aanndd
DDiivviiddeenndd RReeiinnvveessttmmeenntt PPllaann
You may purchase Best Buy’s common stock
and/ or elect to reinvest your dividend directly
through the companys 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 Phone: (877) 498-8861
By Internet: Go to www.BestBuy.com. Scroll
toward the bottom of the page, select “For Our
Investors and then Direct Stock Purchase Plans.
FFiinnaanncciiaall RReelleeaasseess
ffoorr FFiissccaall 22000077
Quarterly earnings releases normally are
distributed at 8:00 a.m., Eastern Time. Quarterly
earnings conference calls normally are scheduled
at 10:00 a.m., Eastern Time. Best Buy does not
expect to host a conference call in conjunction
with the release of December revenue results.
Disclosure Date
First-Quarter Earnings 6/ 13/ 2006
Second-Quarter Earnings 9/ 12/ 2006
Third-Quarter Earnings 12/ 12/ 2006
December Revenue 1/ 5/ 2007
Fourth-Quarter Earnings 4/ 4/ 2007
SShhaarreehhoollddeerrss aatt aa GGllaannccee
As of February 25, 2006, the percentage
of shares beneficially held by directors and
executive ofcers (28 people) was 18 percent.
Founder and Chairman Richard M. Schulze
held 76 million shares benecially (16 percent
of shares outstanding).
As of Dec. 31, 2005, the number of institutional
investors was 618. The percentage of shares
held by institutions was 77.1 percent. The top
institutional shareholders were:*
• Capital Research & Management Company
84.6 million shares
• Fidelity Management & Research Company
28.9 million shares
• Barclays Global Investors
13.6 million shares
• Goldman Sachs & Company
12.7 million shares
• State Street Global Advisors
11.8 million shares
*Source: FactSet Research Systems Inc.
The Nancekivell Group www.nancekivell.com