AutoZone Authorizes Additional Stock Repurchase

[AutoZone]

MEMPHIS, Tenn. , Oct. 05, 2021 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO), today announced its Board of Directors authorized the repurchase of an additional $1.5 billion of the Company’s common stock in connection with its ongoing share repurchase program.

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[bayslarry]

Great to know that. I know  “AutoZone’s continued strong financial performance allows us to grow our business, return meaningful amounts of cash to our shareholders and maintain our investment grade credit ratings,” said Jamere Jackson, Chief Financial Officer and Executive Vice President – Finance, and Store Development. “We remain committed to our disciplined capital allocation policy to drive growth and enhance shareholder returns while maintaining adequate liquidity.” I will be visitng Autozone for my purchases this festive season as it is one of my favourite hunt place to easy

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Edited November 2, 2021 by bayslarry