---
schema_version: "secwatch.filing_event.v1"
accession: "0000764478-23-000027"
form_type: "8-K"
ticker: "BBY"
cik: "0000764478"
company_name: "BEST BUY CO INC"
filed_at: "2023-06-16T23:59:59+00:00"
generated_at: "2026-06-13T23:24:57.174183+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.0
calibrated_materiality_score: 0.0
confidence: "high"
source: SEC EDGAR
---

# Best Buy shareholders elect 12 directors, ratify auditor, approve say-on-pay at annual meeting

## Summary
- All 12 director nominees elected with between 170.9M and 177.1M votes for each.
- Deloitte & Touche ratified as auditor for FY2024: 191.8M for, 2.5M against.
- Non-binding advisory vote on executive compensation approved: 164.2M for, 13.1M against.
- Shareholders recommended annual frequency for advisory vote: 173.6M for one year, 3.6M for three years.
- Quorum established with 194.5M shares represented out of 218.7M outstanding.

## SEC filing metadata
- accession: 0000764478-23-000027
- form_type: 8-K
- ticker: BBY
- cik: 0000764478
- company_name: BEST BUY CO INC
- filed_at: 2023-06-16T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.0
- calibrated_materiality_score: 0.0
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/764478/000076447823000027/0000764478-23-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/764478/000076447823000027/bby-20230614x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000764478-23-000027
- JSON: https://secwatch.observer/filing/0000764478-23-000027.json
- Plain text: https://secwatch.observer/filing/0000764478-23-000027.txt

## Key facts
- Shareholder Votes
  BEST BUY CO INC shareholders approved Advisory Vote on Executive Compensation at the 2023-06-14 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-06-14
  source text: 3. Advisory Vote on Executive Compensation. The proposal relating to the non-binding advisory vote to approve the executive compensation of the registrant was approved by shareholders based upon the following votes
  evidence_url: https://www.sec.gov/Archives/edgar/data/764478/000076447823000027/0000764478-23-000027-index.htm
- Shareholder Votes
  BEST BUY CO INC shareholders approved Advisory Vote on Frequency of Holding the Shareholder Advisory Vote on Executive Compensation at the 2023-06-14 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-06-14
  source text: 4. Advisory Vote on Frequency of Holding the Shareholder Advisory Vote on Executive Compensation. Shareholders recommended by a non-binding advisory vote to continue to hold the advisory vote on executive compensation every year based upon the following votes: One Year Two Years Three Years Abstain Broker Non-Vote 173,600,458 218,167 3,597,453 184,442 16,807,408
  evidence_url: https://www.sec.gov/Archives/edgar/data/764478/000076447823000027/0000764478-23-000027-index.htm
- Shareholder Votes
  BEST BUY CO INC shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-06-14 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-06-14
  source text: 2. Ratification of Appointment of Independent Registered Public Accounting Firm . The appointment of Deloitte & Touche LLP as the registrant’s independent registered public accounting firm for the fiscal year ending February 3, 2024, was ratified based upon the following votes
  evidence_url: https://www.sec.gov/Archives/edgar/data/764478/000076447823000027/0000764478-23-000027-index.htm
- Shareholder Votes
  BEST BUY CO INC shareholders approved Election of Directors at the 2023-06-14 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-06-14
  source text: 1. Election of Directors. The following individuals were elected as directors for a term of one year, based upon the following votes
  evidence_url: https://www.sec.gov/Archives/edgar/data/764478/000076447823000027/0000764478-23-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.