07:36 AM EDT, 10/24/2024 (MT Newswires) -- LKQ (LKQ) said Thursday that it has approved a $1 billion increase and a one-year extension to its ongoing buyback program, bringing the total authorization to $4.5 billion.

Repurchases will be authorized through Oct. 25, 2026, the company said.

LKQ said it has repurchased 62 million shares for $2.7 billion as of Sept. 30

Price: 37.29, Change: -0.49, Percent Change: -1.30