Union, NJ, January 26, 2006--Bed Bath & Beyond Inc., said Wednesday that its board has approved a $200 million increase to its previously announced $400 million stock buyback program.
Repurchases under the $400 million program, announced in October, have been "substantially completed," the company said.
The increase to $600 million is not expected to have a material impact on fourth-quarter earnings, the company said.
Bed Bath & Beyond has about 296.9 million shares outstanding.
