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.
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