AutoZone Announces Approval for Stock Repurchase
20 January 1998
AutoZone Announces Approval for Stock RepurchaseMEMPHIS, Tenn., Jan. 19 -- John C. Adams Jr., chairman and chief executive officer of AutoZone, Inc. , announced that the AutoZone board of directors approved the repurchase of up to $100 million of the company's common stock in the open market. AutoZone sells auto parts, chemicals and accessories through its chain of 1,772 stores in 32 states. SOURCE AutoZone, Inc.