AutoZone authorizes additional $2.0B share repurchase; total program authorizations now $31.2B

AUTOZONE INC

Board authorized $2.0B additional common stock repurchase under ongoing program.
Since 1998 inception, total authorizations reach $31.2B.
CFO Jamere Jackson cites strong financial performance and disciplined capital allocation.
Company remains committed to maintaining investment grade credit ratings.
Repurchase program allows AutoZone to return cash to shareholders while funding growth.

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