Bed Bath & Beyond (BBBY)

9) Shareholders’ Equity

The Company’s Board of Directors has authorized repurchases of shares of its common stock in the amounts of $1.0 billion, $1.0 billion, $200 million, $400 million and $350 million in September 2007, December 2006, January 2006, October 2005 and December 2004, respectively. The aggregate total of authorized repurchases of shares of common stock under the above share repurchase programs is approximately $3.0 billion. The Company was authorized to make repurchases from time to time in the open market or through other parameters approved by the Board of Directors pursuant to existing rules and regulations. The Company also purchases shares of its common stock to cover employee related taxes withheld on vested restricted stock awards. In the first nine months of fiscal 2008, the Company repurchased approximately 1.5 million shares of its common stock for an aggregate price of approximately $45.0 million, bringing the aggregate total of common stock repurchased to approximately 54.9 million shares for an aggregate price of approximately $2.0 billion since the initial authorization in December 2004.

9) Shareholders’ Equity

The Company’s Board of Directors has authorized repurchases of shares of its common stock in the amounts of $1.0 billion, $1.0 billion, $200 million, $400 million and $350 million in September 2007, December 2006, January 2006, October 2005 and December 2004, respectively. The aggregate total of authorized repurchases of shares of common stock under the above share repurchase programs is approximately $3.0 billion. The Company was authorized to make repurchases from time to time in the open market or through other parameters approved by the Board of Directors pursuant to existing rules and regulations. The Company also purchases shares of its common stock to cover employee related taxes withheld on vested restricted stock awards. In the first six months of fiscal 2008, the Company repurchased approximately 1.4 million shares of its common stock for an aggregate price of approximately $40.6 million, bringing the aggregate total of common stock repurchased to approximately 54.7 million shares for an aggregate price of approximately $2.0 billion since the initial authorization in December 2004.

8) Shareholders’ Equity

The Company’s Board of Directors has authorized repurchases of shares of its common stock in the amounts of $1.0 billion, $1.0 billion, $200 million, $400 million and $350 million in September 2007, December 2006, January 2006, October 2005 and December 2004, respectively.  The aggregate total of authorized repurchases of shares of common stock under the above share repurchase programs is approximately $3.0 billion. The Company was authorized to make repurchases from time to time in the open market or through other parameters approved by the Board of Directors pursuant to existing rules and regulations. The Company also purchases shares of its common stock to cover employee related taxes withheld on vested restricted shares. In the first three months of fiscal 2008, the Company repurchased approximately 0.4 million shares of its common stock for an aggregate price of approximately $13.7 million, bringing the aggregate total of common stock repurchased to approximately 53.7 million shares for an aggregate price of approximately $2.0 billion since the initial authorization in December 2004.

7) Shareholders’ Equity

The Company’s Board of Directors has authorized repurchases of shares of its common stock in the amounts of $1.0 billion, $1.0 billion, $200 million, $400 million and $350 million in September 2007, December 2006, January 2006, October 2005 and December 2004, respectively.  The aggregate total of authorized repurchases of shares of common stock under the above share repurchase programs is approximately $3.0 billion. The Company was authorized to make repurchases from time to time in the open market or through other parameters approved by the Board of Directors pursuant to existing rules and regulations. The Company also purchases shares of its common stock to cover employee related taxes withheld on vested restricted shares. In the first nine months of fiscal 2007, the Company repurchased approximately 17.0 million shares of its common stock for an aggregate price of approximately $632 million, bringing the aggregate total of common stock repurchased to approximately 49.7 million shares for an aggregate price of approximately $1.9 billion since the initial authorization in December 2004.

7) Shareholders’ Equity

The Company’s Board of Directors has authorized repurchases of shares of its common stock for $1 billion in December 2006, for $200 million in January 2006, for $400 million in October 2005 and for $350 million in December 2004. The Company was authorized to make repurchases from time to time in the open market or through other parameters approved by the Board of Directors pursuant to existing rules and regulations. The Company also purchases shares of its common stock to cover employee related taxes withheld on vested restricted shares. In the first six months of fiscal 2007, the Company repurchased approximately 13.8 million shares of its common stock for an aggregate price of approximately $528 million, bringing the aggregate total of common stock repurchased to 46.5 million shares for an aggregate price of $1.8 billion since the initial authorization in December 2004.

In September 2007, subsequent to the end of the fiscal second quarter, the Company’s Board of Directors authorized a new $1 billion share repurchase program. This program will commence after the completion of the December 2006 repurchase program, which has a remaining balance of approximately $173 million. Including this fourth share repurchase program, the aggregate total of authorized repurchases of shares of common stock would be approximately $3 billion.

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7) Shareholders’ Equity

The Company’s Board of Directors has authorized repurchases of shares of its common stock for $1 billion in December 2006, for $200 million in January 2006, for $400 million in October 2005 and for $350 million in December 2004, or $1.95 billion in total.  The Company was authorized to make repurchases from time to time in the open market or through other parameters approved by the Board of Directors pursuant to existing rules and regulations. The Company also purchases shares of its common stock to cover employee related taxes withheld on vested restricted shares. During the fiscal first quarter of 2007, the Company repurchased approximately 7.1 million shares of its common stock for an aggregate price of approximately $289 million, bringing the aggregate total of common stock repurchased to 39.7 million shares for an aggregate price of $1.5 billion since the initial authorization in December 2004.

6) Shareholders’ Equity

On December 20, 2006, subsequent to the end of the fiscal third quarter, the Company announced that the Board of Directors approved a $1 billion share repurchase program, authorizing the repurchase of its common stock. The Company’s Board of Directors previously authorized repurchases of shares of its common stock in the amount of $200 million, $400 million and $350 million in January 2006, October 2005 and December 2004, respectively.

6) Shareholders’ Equity

On October 26, 2005, the Company announced that the Board of Directors approved a $400 million share repurchase program, authorizing the repurchase of its common stock. The Company is authorized to make repurchases from time to time in the open market pursuant to existing rules and regulations and other parameters approved by the Board of Directors. During the third quarter of fiscal 2005, the Company repurchased approximately 15,000 shares of its common stock at a total cost of approximately $0.6 million, at an average price per share of $41.34, excluding brokerage fees.

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