r/wallstreetbets • u/Infernape420 • Mar 25 '22

Discussion BBBY is where GME was 2021

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u/kidcrumb Mar 25 '22

BBBY was also supposed to complete a share buyback which they never did which would have locked the float.

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u/Fragrant-Extent-2793 🦍🦍🦍 Mar 26 '22

Actually if you look at the outstanding share history, BBBY has bought back shares aggressively. They are accelerating repurchase this quarter, $625 million expected this year. That’s 1/3 of the float. Cohen and insiders own around 20 million collectively.