Member access

4-Traders Homepage  >  Shares  >  Nyse  >  AutoNation, Inc.    AN   US05329W1027

SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

AutoNation, Inc. : AutoNation Authorizes Additional $250 Million for Share Repurchase

03/23/2012 | 04:05pm US/Eastern
Recommend:
0

FORT LAUDERDALE, Fla., March 23, 2012 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, announced today that its Board of Directors has authorized the repurchase of up to an additional $250 million of the Company's common stock. Prior to the increased authorization, AutoNation had utilized substantially all of the amounts previously authorized by its Board of Directors under its share repurchase program. AutoNation has approximately 124.6 million shares outstanding as of March 23, 2012.

(Logo: http://photos.prnewswire.com/prnh/20001017/AUTONATIONLOGO )

About AutoNation, Inc.

AutoNation is transforming the automotive retail industry through bold leadership. We deliver a superior automotive retail experience through our customer-focused sales and service processes. Owning and operating 260 new vehicle franchises, which sell 32 brands across 15 states, AutoNation is America's largest automotive retailer, with state-of-the-art operations and the ability to leverage economies of scale that benefit the customer. As an indication of our leadership position in our industry, AutoNation is a component of the S&P 500 Index. AutoNation is driven to be the best-run, most profitable automotive retailer. Follow us at www.facebook.com/autonation and www.twitter.com/autonation.

For additional information about AutoNation, please visit investors.autonation.com or www.autonation.com.

SOURCE AutoNation, Inc.

Recommend :
0
React to this article
Latest news on AUTONATION, INC.
1d ago AUTONATION : Mike Maroone to Appear on CBT News
6d ago AUTONATION : Dealerships Earn 12 Spots in Automotive News' '100 Best Dealerships..
7d ago AUTONATION : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RES..
7d ago THURSDAY SECTOR LAGGARDS : General Contractors & Builders, Auto Dealerships
07/17DJU.S. HOT STOCKS : Hot Stocks to Watch
07/17 AUTONATION : 2Q profit climbs 12 percent
07/17 AUTONATION : Results of Operations and Financial Condition (form 8-K)
07/17 AUTONATION : Reports Record Second Quarter EPS from Continuing Operations
07/17 AUTONATION : 3 AutoNation Associates Garner Recognition on Automotive News' '40 ..
07/14 AUTONATION : Three AutoNation Associates Named To Automotive News' "40 Under 40"..
Dynamic quotes  
ON
| OFF