Press release

Best Buy Announces Regular Quarterly Cash Dividend

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The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized
the payment of a regular quarterly cash dividend of $0.50 per common
share. The quarterly dividend is payable on July 5, 2019, to
shareholders of record as of the close of business on June 13, 2019. The
company had 267,452,462 shares of common stock issued and outstanding as
of May 4, 2019.