AutoZone Authorizes Additional Stock Repurchase
AutoZone Authorizes Additional Stock Repurchase
MEMPHIS, Tenn., June 19, 2024 (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 $39.2 billion in share repurchases.
汽車地帶公司今天宣佈，其董事會已授權在繼續進行股份回購計劃時回購另外15億美元的公司普通股。自1998年回購計劃開始以來，包括上述金額在內，汽車地帶董事會已授權回購392億美元的股份。
"AutoZone's continuing ability to generate strong free cash flow allows us to increase our cumulative share authorization while maintaining our investment grade credit ratings," said Jamere Jackson, Chief Financial Officer. "We remain committed to our disciplined capital allocation policy to drive growth while maintaining adequate liquidity."
“汽車地帶公司持續產生強勁的自由現金流，使我們能夠在保持投資級信用評級的同時增加股票授權總額，”致富金融官Jamere Jackson表示：“我們始終致力於我們的有紀律的資本配置策略，推動公司增長並保持足夠的流動性。”
About AutoZone:
關於汽車地帶公司：
As of May 4, 2024, the Company had 6,364 stores in the U.S., 763 in Mexico and 109 in Brazil for a total store count of 7,236.
截至2024年5月4日，該公司在美國擁有6364家門店，在墨西哥擁有763家門店，在巴西擁有109家門店，總門店數爲7236家。
AutoZone is the leading retailer and distributor of automotive replacement parts and accessories in the Americas. Each store carries an extensive product line for cars, sport utility vehicles, vans and light duty trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. The majority of stores have a commercial sales program that provides prompt delivery of parts and other products and commercial credit to local, regional and national repair garages, dealers, service stations, fleet owners and other accounts. AutoZone also sells automotive hard parts, maintenance items, accessories and non-automotive products through www.autozone.com, and our commercial customers can make purchases through www.autozonepro.com. Additionally, we sell the ALLDATA brand of automotive diagnostic, repair, collision and shop management software through www.alldata.com. We also provide product information on our Duralast branded products through www.duralastparts.com. AutoZone does not derive revenue from automotive repair or installation services.
Contact Information:
AutoZone是美洲地區領先的汽車零配件和配件零售商和經銷商。每個商店都提供大量的產品線，包括新汽車和翻新汽車硬件零部件，維護項目，配件和非汽車產品，適用於汽車，越野車，貨車和輕型貨車。大多數商店還提供商業銷售計劃，提供及時交付零件和其他產品以及對本地，區域和全國維修車庫，經銷商，服務站，車隊所有者和其他客戶的商業信貸。AutoZone還通過www.autozone.com銷售汽車硬件零部件，維護項目，配件和非汽車產品，我們的商業客戶可以通過www.autozonepro.com購買產品。此外，我們還通過www.alldata.com銷售ALLDATA品牌的汽車診斷，維修，碰撞和店面管理軟件。我們還通過www.duralastparts.com提供有關我們的Duralast品牌產品的產品信息。AutoZone不從汽車維修或安裝服務中獲得收入。www.autozone.com，我們的商業客戶可以通過www.autozonepro.com購買產品。此外，我們還通過www.alldata.com銷售ALLDATA品牌的汽車診斷，維修，碰撞和店面管理軟件。我們還通過www.duralastparts.com提供有關我們的Duralast品牌產品的產品信息。AutoZone不從汽車維修或安裝服務中獲得收入。汽車地帶並不從汽車維修或安裝服務中獲得營業收入。
聯繫方式：
Financial: Brian Campbell, 901-495-7005, brian.campbell@autozone.com
財務聯繫人：Brian Campbell，電話901-495-7005，brian.campbell@autozone.com
Media: David McKinney, 901-495-7951, david.mckinney@autozone.com
媒體聯繫人：David McKinney，電話901-495-7951，david.mckinney@autozone.com
Source: AutoZone, Inc.
來源：AutoZone，Inc。
譯文內容由第三人軟體翻譯。