Bed Bath & Beyond Inc. To Host Virtual-only Annual Meeting Of Shareholders

Rhea-AI Summary

Bed Bath & Beyond (Nasdaq: BBBY) announced a shift to a virtual-only format for its 2020 Annual Meeting of Shareholders, scheduled for July 14, 2020, at 10:00 A.M. EDT. This decision, made in response to COVID-19 public health concerns, ensures that shareholders can still participate remotely. Shareholders must use their 16-digit control number to access the meeting, which will be available at www.virtualshareholdermeeting.com/BBBY2020. Only those who held shares by June 5, 2020 are eligible to vote.

UNION, N.J., July 2, 2020 /PRNewswire/ -- Bed Bath & Beyond Inc. (Nasdaq: BBBY) today announced a change in the format and location of its 2020 Annual Meeting of Shareholders. In light of the continued public health concerns regarding the COVID-19 pandemic, and to protect the well-being of our shareholders, the Annual Meeting will be held solely by remote communication, in a "virtual-only" format. Shareholders will no longer have the option to attend the Annual Meeting in person. The meeting will still be held on Tuesday, July 14, 2020 at 10:00 A.M., Eastern Daylight Time.

The meeting will be webcast and can be accessed by shareholders at www.virtualshareholdermeeting.com/BBBY2020. Only shareholders that log in using the 16-digit control number provided to them either on their proxy card or voting instruction form will be able to vote and submit questions during the Annual Meeting. The Company has designed the format of the Annual Meeting to ensure that shareholders are afforded similar opportunities to participate as they would at an in-person meeting, using online tools to ensure shareholder access and participation.

As described in the proxy materials for the Annual Meeting, shareholders are entitled to attend and vote at the Annual Meeting if they held Bed Bath shares as of the close of business on June 5, 2020, the record date for the Annual Meeting. To learn more about accessing the virtual meeting, please refer to the Company's Notice of Change of Format and Location filed with the U.S. Securities and Exchange Commission on July 2, 2020.

About the Company

Bed Bath & Beyond Inc. and subsidiaries (the "Company") is an omnichannel retailer that makes it easy for our customers to feel at home.  The Company sells a wide assortment of domestic merchandise and home furnishings.  The Company also provides a variety of textile products, amenities and other goods to institutional customers in the hospitality, cruise line, healthcare and other industries.  Additionally, the Company is a partner in a joint venture which operates retail stores in Mexico under the name Bed Bath & Beyond.

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SOURCE Bed Bath & Beyond Inc.

FAQ

What is the date of the Bed Bath & Beyond Annual Meeting of Shareholders in 2020?

The Annual Meeting is scheduled for July 14, 2020.

How will the Bed Bath & Beyond Annual Meeting of Shareholders be conducted?

The meeting will be held in a virtual-only format via remote communication.

How can shareholders access the Bed Bath & Beyond virtual Annual Meeting?

Shareholders can access the meeting at www.virtualshareholdermeeting.com/BBBY2020.

What date is the record date for voting at the Bed Bath & Beyond Annual Meeting?

The record date for voting is June 5, 2020.

What safety reason prompted Bed Bath & Beyond to change its Annual Meeting format?

The change was made due to ongoing public health concerns related to the COVID-19 pandemic.