O'Reilly Automotive Inc.'s board of directors has increased its share-repurchase program by $1.5 billion.
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O’Reilly Automotive Inc.’s ORLY, +0.02% board of directors has increased its share-repurchase program by $1.5 billion.
This raises the company’s total authorization under the program to $21.75 billion, the company said in a Tuesday filing with the Securities and Exchange Commission.
The additional $1.5 billion authorization is effective for a three-year period, beginning Tuesday.
