Bed Bath & Beyond (NASDAQ:BBBY) has breathed new life into its existing buyback program, which is essentially an investment in itself. Ideally, this also gives more value to current shareholders since everybody's piece of the pie becomes a little bit bigger. But Bed Bath & Beyond's stock has dipped some since the buyback.
In this segment of The Motley Fool's Where the Money Is, consumer-goods editor Mark Reeth and analyst Michael Finarelli discuss why the domestic-merchandise chain engaged in the new buyback program, why the stock dipped, and whether it should ultimately bounce back.
Mark Reeth has no position in any stocks mentioned. Michael Finarelli has no position in any stocks mentioned. The Motley Fool recommends Bed Bath & Beyond. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
