AutoZone Authorizes Additional Stock Repurchase

MEMPHIS, Tenn., Dec. 20, 2023 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO), today announced its Board of Directors authorized the repurchase of an additional $2.0 billion of the Company's common stock in connection with its ongoing share repurchase program. Since the inception of the repurchase program in 1998, and including the above amount, AutoZone's Board of Directors has authorized$37.7 billion in share repurchases. "AutoZone's continuing ability to generate strong free cash flow allows us to increas ...