AutoZone Plans Additional $1.5B Share Buyback Program

by Shivani Kumaresan, Benzinga Staff Writer

October 6, 2021 6:24 AM | 26 seconds read | Make a Comment

AutoZone Inc AZO Board of Directors authorized the repurchase of an additional $1.5 billion of the company's common stock.
AutoZone has approved $27.65 billion in share repurchases since the inception of the repurchase program in 1998.
AutoZone held $1.2 billion in cash and equivalents as of August 28, 2021.
Price Action: AZO shares closed higher by 0.53% at $1651.22 on Tuesday.

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