AutoZone Authorizes Additional Stock Repurchase

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AutoZone (AZO) Authorizes Additional $2 Billion Share Repurchase Program

March 22, 2022 5:34 PM EDT

AutoZone, Inc. (NYSE: AZO) made an announcement today, according to which its Board of Directors had authorized an additional $2.0 billion share repurchase program.

The new $2 billion authorization is higher than the $1.5 billion authorization announced in December of 2021.

With this new repurchase authorization,... More