O’Reilly Auto board authorizes $1 billion in additional share buybacks

O’Reilly Automotive Inc. said late Friday its board authorized the buyback of an additional $1 billion in shares. The additional $1 billion is effective for three years, and raises the auto-parts retailer’s total buyback authorization to $9.75 billion, the company said. Shares of O’Reilly ticked up 0.4% to $197.77 after hours

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