MEMPHIS, Tenn., June 6 /PRNewswire/ -- AutoZone's (NYSE: AZO) board of
directors, at a regularly scheduled meeting today, approved the repurchase of
up to an additional $250 million of the company's common stock in the open
market, bringing the total repurchase authorization to $1.25 billion. As
previously announced, as of May 6, 2000, cumulative share repurchases,
including forward commitments, were $907 million, or 34.6 million shares.
AutoZone sells auto and light truck parts, chemicals and accessories
through 2,854 AutoZone stores in 41 states and the District of Columbia in the
U.S. and 13 AutoZone stores in Mexico. AutoZone also sells heavy-duty truck
parts through 48 TruckPro stores in 15 states, and automotive diagnostic and
repair software through ALLDATA and diagnostic and repair information through
alldatadiy.com .
SOURCE AutoZone, Inc.
CONTACT: financial, Emma Jo Kauffman, 901-495-7005, or media, Eric
Epperson, 901-495-7307, both of AutoZone, Inc./