BULLETIN: AutoZone Inc. Authorizes Additional Share Repurchases - S&P Global Ratings’ Credit Research

BULLETIN: AutoZone Inc. Authorizes Additional Share Repurchases

BULLETIN: AutoZone Inc. Authorizes Additional Share Repurchases - S&P Global Ratings’ Credit Research
BULLETIN: AutoZone Inc. Authorizes Additional Share Repurchases
Published Jan 30, 2003
Published Jan 30, 2003
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Abstract:

Standard&Poor's Ratings Services said today that AutoZone Inc.'s (BBB+/Positive/A-2) announcement that it has increased its share repurchase authorization by $500 million has no immediate impact on the rating and outlook. Standard&Poor's had previously factored additional share repurchase activity into its rating and outlook on the company. As AutoZone continues to achieve positive same-store sales and improve operating efficiencies, this share repurchase activity is expected to be managed so as not to significantly impact credit protection measures.

  
Report Type:

Bulletin

Ticker
AZO
Issuer
AutoZone Inc.
GICS
Automotive Retail (25504050)
Sector
Automotive , Commercial MBS , Corporations , Global Issuers , Structured Finance
Country
United States
Region
United States
Format:
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Summary: AutoZone Inc. – 2003/04/23 – US$ 225.00

Research Update: AutoZone Inc. – 2003/06/03 – US$ 225.00

Summary: AutoZone Inc. – 2003/07/08 – US$ 225.00

AutoZone Inc. – 2003/01/03 – US$ 500.00

Summary: AutoZone Inc. – 2003/01/03 – US$ 225.00

Research Update: AutoZone Inc. – 2002/10/15 – US$ 225.00

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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "BULLETIN: AutoZone Inc. Authorizes Additional Share Repurchases" Jan 30, 2003. Alacra Store. May 11, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-AutoZone-Inc-Authorizes-Additional-Share-Repurchases-296463>
  
APA:
S&P Global Ratings’ Credit Research. (). BULLETIN: AutoZone Inc. Authorizes Additional Share Repurchases Jan 30, 2003. New York, NY: Alacra Store. Retrieved May 11, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-AutoZone-Inc-Authorizes-Additional-Share-Repurchases-296463>
  
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