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BULLETIN: AutoZone Inc. Increases Stock Buyback Program by $100 Million

Published Oct 18, 2000

Price US$ 150.00 | Buy this Report Now

About This Report

Abstract:

Corporate Credit Rating: BBB+/Negative/A-2 The AutoZone Inc. Board of Directors' approval of a $100 million increase in the company's current share repurchase program has no impact on the company's credit rating or outlook. The total value of the program is $1.35 billion, of which $1.15 billion has been repurchased to date (including forward commitments). Standard&Poor's had already factored the increased authorization into the ratings and expects the program to be completed within the context of the current ratings.

Report Type:

News

Ticker

AZO

Issuer

AutoZone Inc.

GICS

Automotive Retail (25504050)

Sector

Global Issuers , Structured Finance

Country

United States

Region

United States

Format:

HTML

Summary: AutoZone Inc. – 2001/04/03 – US$ 225.00

AutoZone Inc. $600 Million Senior Unsecured Credit Agreement Rated 'BBB+' – 2001/06/13 – US$ 150.00

Summary: AutoZone Inc. – 2001/06/14 – US$ 225.00

Summary: AutoZone Inc. – 2001/08/01 – US$ 225.00

AutoZone Ratings Put on CreditWatch Negative After Increased Share Repurchase Authorization – 2001/09/26 – US$ 150.00

AutoZone Long-Term Ratings Lowered, Off Watch; Outlook Negative – 2000/02/17 – US$ 150.00

AutoZone Inc. Long-Term Ratings Placed on CreditWatch With Negative Implications – 1999/12/10 – US$ 150.00

AutoZone Inc. Outlook Revised to Negative From Stable; Ratings Affirmed – 1999/09/20 – US$ 150.00

S&P Rates AutoZone's $200M Debs A-;Outlook Stable – 1998/08/05 – US$ 150.00

S&P Rts AutoZone Re: Acquis;Chief Auto's Nts Upgraded – 1998/07/13 – US$ 150.00

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Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "BULLETIN: AutoZone Inc. Increases Stock Buyback Program by $100 Million" Oct 18, 2000. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-AutoZone-Inc-Increases-Stock-Buyback-Program-by-100-Million-168937>

APA:	S&P Global Ratings’ Credit Research. (). BULLETIN: AutoZone Inc. Increases Stock Buyback Program by $100 Million Oct 18, 2000. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-AutoZone-Inc-Increases-Stock-Buyback-Program-by-100-Million-168937>

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