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AutoZone Authorizes The Repurchase Of An Additional $1.5B Of The Company's Common Stock

Author: Benzinga Newsdesk | October 08, 2025 05:04pm

MEMPHIS, Tenn., Oct. 08, 2025 (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. Since the inception of the repurchase program in 1998, and including the above amount, AutoZone's Board of Directors has authorized $40.7 billion in share repurchases.

"Our disciplined capital allocation approach gives us the ability to generate strong free cash flow, invest in growth, and increase our share buyback authorization while maintaining investment grade credit ratings," said Jamere Jackson, Chief Financial Officer. 

Posted In: AZO

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