Bed Bath & Beyond Inc recently secured a lifeline Copy link to sectionīed Bath & Beyond is yet to reveal at what ratio it intends to reverse split the stock but the board is considering between 1-for-10 and 1-for-20, that much is known. ![]() We need to raise capital to have necessary cash resources to fund operations and service obligations under our Credit Agreement.īed Bath & Beyond stock has traded under $1.0 in recent weeks. Its current price per share is approximately 0.23. View the BBBYQ premarket stock price ahead of the market. Summary BBBYQ US0758961009 BED BATH & BEYOND INC. Bed Bath & Beyond Inc.s stock symbol is BBBYQ and currently trades under OTCMKTS. Bed Bath & Beyond Inc stock price live 0.20, this page displays OTC BBBYQ stock exchange data. The Company may be unable to avoid bankruptcy if this Proposal fails to obtain shareholder approval. : BBBYQ Stock Price US0758961009 MarketScreener Homepage Equities United States OTC Markets Bed Bath & Beyond Inc. The chain of retail stores wants its shareholders to vote in favour of the reverse stock split at the meeting on May 9 th.īed Bath & Beyond aims at significantly lowering the total number of its outstanding shares with the reverse stock split that will enable it to execute on the recently announced plans of raising up to $300 million in new equity. Shareholders are yet to approve the reverse stock split Copy link to section By accessing the services available at ADVFN you are agreeing to be bound by ADVFNs Terms & Conditions. Yet while Bed Bath & Beyond has been retooling its business for the past two years under new CEO Mark Tritton, big share buybacks have become. In the latest period, Bed Bath & Beyond lost 73.2 million, or 72 cents per share, compared with net income of 217.9 million, or 1.75 per share, a year earlier. Shares of Bed Bath & Beyond Inc ( NASDAQ: BBBY) ended another 10% down on Thursday after the beleaguered retailer announced plans of a reverse stock split. Bed Bath & Beyond stock performance, data by YCharts.
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