LKQ Corporation increases stock repurchase program by $1B to $4.5B, extending until 2026.

LKQ Corporation has announced a $1 billion increase to its stock repurchase program, raising the total authorization to $4.5 billion and extending it until October 25, 2026. Since the program began in October 2018, the company has repurchased about 62 million shares for $2.7 billion. Repurchases will occur based on market conditions, and the program complies with SEC regulations, allowing for flexibility in the timing and volume of share acquisitions.

October 24, 2024
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