AUTOZONE INC : Other Events, Financial Statements and Exhibits (form 8-K)
October 04, 2022 at 04:35 pm EDT
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Item 8.01. Other Events.
On October 4, 2022, AutoZone, Inc. (the "Company") issued a press release
announcing that the Board of Directors has authorized the repurchase of an
additional $2.5 billion of the Company's common stock in connection with its
ongoing share repurchase program. The press release is attached hereto as
Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press Release dated October 4, 2022
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
AutoZone, Inc. specializes in distributing automotive spare parts and accessories. The group offers compressors, batteries, carburetors, clutches, des rotors, des motors, fuel pumps, etc. Net sales break down by activity as follows:
- retail and professional distribution (98.2%): sale of spare parts primarily to garages and service stations;
- other (1.8%): sales of diagnostic and maintenance software (name Alldata), and an e-commerce division.
At the end of August 2023, AutoZone, Inc. had a network of 7,140 stores located in the United States and Puerto Rico (6,300), Mexico (740) and Brazil (100).