AutoZone Plans Additional $1.5B Share Buyback Program

by Shivani Kumaresan, Benzinga Staff Writer

October 6, 2021 6:24 AM | 26 seconds read |

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.

Posted In:

News Buybacks Briefs

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.