AutoZone authorizes $1.5B additional buyback; Executive Chairman to Chairman in Jan 2026

AUTOZONE INC

Board authorized additional $1.5B share repurchase; total authorizations since 1998 now $40.7B.
William C. Rhodes III transitions from Executive Chairman to Chairman, effective January 2026.
Rhodes to receive $250K in immediately vested RSUs annually for Chairman role.
CFO Jamere Jackson highlighted strong free cash flow and investment-grade credit rating.

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