Tranche Update on O'Reilly Automotive, Inc.'s Equity Buyback Plan announced on January 11, 2011.
July 28, 2021 at 04:33 pm EDT
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From April 1, 2021 to June 30, 2021, the company has repurchased 743,000 shares, representing 1.07% for $399.18 million. With this, the company has completed the repurchase of 83,239,000 shares, representing 78.69% for $15,331.83 million under the buyback announced on January 11, 2011.
O'Reilly Automotive, Inc. is one of the largest American distributors of automotive parts. The products are sold under own brands (BesTest®, BrakeBest®, Cartek®, Import Direct®, MasterPro®, MicroGard®, Murray®, Omnispark®, O'Reilly Auto Parts®, Precision®, Power Torque®, Super Start®, Syntec® and Ultima®) and third-party brands (AC Delco, Armor All, Bosch, Castrol, Dorman, Fel-Pro, Gates Rubber, Lucas Oil, Mobil1, Monroe, Moog, Pennzoil, Prestone, Standard, STP, Turtle Wax, Valvoline, Wagner et Wix). The group's activity is primarily organized around 3 families of products:
- automotive parts: alternator, starters, water pumps, chassis parts, etc.;
- maintenance products: antifreeze, filters, etc.;
- accessories: primarily automotive carpets and seat covers.
At the end of 2022, the products were marketed through a network of 5,971 stores located in the United States (5,929) and Mexico (42).