BuybackJun 1, 2026, 04:31 PM
O'Reilly Automotive Increases Share Buyback Program by $2.0B
AI Summary
O'Reilly Automotive, Inc. announced that its Board of Directors approved an increase of $2.0 billion to its existing share repurchase program. This raises the total authorization under the program to $31.75 billion. The additional authorization is effective for a three-year period starting June 1, 2026, and repurchases will be made through open market transactions.
Key Highlights
- O'Reilly Automotive's Board approved an additional $2.0 billion for its share repurchase program.
- The total authorization for the share repurchase program now stands at $31.75 billion.
- The additional $2.0 billion authorization is effective for a three-year period.
- Repurchases will be made from time to time through open market transactions.
- The program may be modified, suspended, or terminated at any time without prior notice.
Price Impact
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