AutoZone said 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 on October 8, 2025.

1. 01

   AutoZone said 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 on October 8, 2025.

2. 02

   The company said that since the inception of the repurchase program in 1998, and including the above amount, the Board of Directors has authorized $40.7 billion in share repurchases.

3. 03

   AutoZone said the Board approved the transition of William C. Rhodes, III from Executive Chairman of the Board to Chairman, effective January 2026.

4. 04

   The company said that following the effective date of this transition, Mr. Rhodes will be compensated according to the Company's standard compensation policies for non-employee directors, and will receive $250,000 annually in the form of immediately vested restricted stock units for his service as Chairman of the Board.

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Original filing

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