O'Reilly Automotive to Increase Share-Buyback Program by $2B

Dow Jones

2024-11-23

By Sabela Ojea

O'Reilly Automotive is increasing the size of its share-buyback program by $2 billion.

The auto-parts retailer on Friday said that its board of directors authorized growing the aggregate authorization to the stock-repurchase program to $27.75 billion.

The additional $2 billion authorization is effective for a three-year period, beginning Nov. 22.

Write to Sabela Ojea at sabela.ojea@wsj.com

(END) Dow Jones Newswires

November 22, 2024 16:53 ET (21:53 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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