Bed bath & beyond inc. announces special shareholder meeting to approve reverse stock split

Union, n.j. , march 17, 2023 /prnewswire/ -- bed bath & beyond inc. (nasdaq: bbby) (the "company") announced today that it plans to hold a special meeting of shareholders to seek approval to amend the company's amended and restated certificate of incorporation (the "certificate of incorporation") to effect, at the discretion of the board of directors (the "board"), a reverse stock split of the company's common stock, par value $0.01 per share (the "common stock"), at a ratio in the range of 1-for-5 to 1-for-10, with such ratio to be determined at the discretion of the board.
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