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AutoZone Plans Additional $1.5B Share Buyback Program

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AutoZone Plans Additional $1.5B Share Buyback Program
  • AutoZone Inc (NYSE: 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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