O’Reilly Automotive announced that its board of directors has approved a resolution to increase the authorization amount under its share repurchase program by an additional $750 million, raising the aggregate authorization under the program to $7.75 billion.
The additional $750 million authorization is effective for a three-year period, beginning on Nov. 16, 2016.
BS Products is a full-line nationwide wholesaler of automotive and quick lube supplies.
Automotive Parts Associates (APA) announced it welcomed BS Products as a new member to TruStar.
Founded in 2019 by friends and business partners Brett Peterson and Sean Malmstrom, BS Products is a full-line nationwide wholesaler of automotive and quick lube supplies. It specializes in filters, additives, tools, shop supplies, and safety and janitorial equipment, according to APA.
President and CEO Shane O’Kelly said Advance continues to act with a sense of urgency to “return to profitable growth.”
During the quarter, AutoZone opened 19 new stores in the U.S., while adding six new stores in Mexico and four in Brazil.
For the full-year 2023, Dana reported sales of $10.6 billion, up from $10.2 billion in 2022.
President and CEO Dominick Zarcone expressed satisfaction with the company’s results amid macroeconomic challenges.
A collaboration with the Association of Independent Oil Distributors will focus on mutual benefits for the respective members.
The event will be held on March 26-28, at the Grand Hyatt San Antonio River Walk in San Antonio.
Premium Guard, Inc. was recognized for its leadership and excellence in quality.
During the event, the Vast-Auto team recognized its distribution customers and unveiled its new brand image and programs.
