FORT LAUDERDALE, Fla.,
Sept. 11, 2015 /PRNewswire/ --
AutoNation, Inc. (NYSE: AN), America's largest automotive retailer,
today announced that its Board of Directors has authorized the
repurchase of up to an additional $250
million of AutoNation's common stock. With the increased
authorization, AutoNation has approximately $338 million total Board authorization remaining
for share repurchases as of September 11,
2015. AutoNation has approximately 111 million shares
outstanding as of September 11,
2015.
About AutoNation, Inc.
AutoNation is transforming the automotive retail industry
through bold leadership. We deliver a peerless automotive retail
experience through our customer-focused sales and service
processes. Currently owning and operating 293 new vehicle
franchises, which sell 35 new vehicle 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.
Please visit investors.autonation.com, www.autonation.com,
www.autonationdrive.com, www.twitter.com/autonation,
www.twitter.com/CEOMikeJackson, www.facebook.com/autonation, and
www.facebook.com/CEOMikeJackson, where AutoNation discloses
additional information about the Company, its business, and its
results of operations.
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SOURCE AutoNation, Inc.