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Asbury Automotive Says Board Increases Share Buyback Authorization to $400 Million
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Asbury Automotive Says Board Increases Share Buyback Authorization to $400 Million
May 15, 2024 2:20 PM

04:57 PM EDT, 05/15/2024 (MT Newswires) -- Asbury Automotive ( ABG ) said late Wednesday its board approved an increase in the share buyback authorization to $400 million.

The company repurchased 281,000 shares for $59 million in the year to date.

Asbury had $144 million in the existing buyback program and added $246 million to bring the total to $400 million.

Price: 240.00, Change: +0.27, Percent Change: +0.11

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