AutoNation Authorizes Additional $250 Million for Share Repurchase
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AutoNation (AN) Adds $250M to Common Buyback Plan
September 14, 2015 7:13 AM UTCAutoNation (NYSE: AN) announced that its Board of Directors has authorized the repurchase of up to an additional $250 million of AutoNation's common stock. With the increased authorization, AutoNation has approximately $338 million total Board authorization remaining for share repurchases as of September 11, 2015. AutoNation has approximately 111 million shares outstanding as of September 11, 2015.
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