Tranche Update on AutoZone, Inc.'s Equity Buyback Plan announced on December 18, 2008.
December 06, 2022 at 10:39 am EST
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From August 28, 2022 to November 19, 2022, the company has repurchased 392,193 shares, representing 2.05% for $900 million. With this, the company has completed the repurchase of 42,078,033 shares, for $24,092.42 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. 
