Tranche Update on AutoZone, Inc.'s Equity Buyback Plan announced on December 18, 2008.
September 21, 2021 at 06:55 am EDT
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From May 9, 2021 to August 28, 2021, the company has repurchased 592,000 shares, representing 2.74% for $900 million. With this, the company has completed the repurchase of 39,465,670 shares, for $18,832.43 million under the buyback announced on December 18, 2008.
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).
AUTOZONE, INC. 
