share repurchase Archives - aftermarketNews
O’Reilly Automotive Announces Additional $1 Billion Share-Repurchase Authorization

The additional $1 billion authorization is effective for a three-year period, beginning on May 31, according to the company.

Gentherm Announces Increase In Share Repurchase Authorization To $300M

“The significant increase in our share repurchase program demonstrates our commitment to driving value for our shareholders, while simultaneously investing in critical technologies to further grow our business,” said Phil Eyler, president and CEO.

Standard Motor Products Announces New Stock Repurchase Program

The company intends to fund the stock repurchase program through its revolving credit facility.

AutoZone Authorizes Additional Stock Repurchase

Since the inception of the repurchase program in 1998, and including the above amount, AutoZone’s board of directors has authorized $19.7 billion.

Lear Increases Share Repurchase Authorization To $1.5B 

Lear also has raised its quarterly cash dividend by 40 percent, from 50 cents to 70 cents per share.

Magna Announces Completion Of 2nd Share Repurchase Program

Magna repurchased a total of 395,100 common shares under the program directly from a third party, for an aggregate purchase price of approximately $21.9 million.

Magna Announces Share Repurchase Programs

The programs will run sequentially with purchases under the first program taking place between Nov. 24 and Dec. 29, subject to a maximum of 1.472 million common shares.