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AutoZone (NYSE:AZO) has authorized the repurchase of an additional $1.5B of its common stock as part of its ongoing share repurchase program. Since the inception of the repurchase program in 1998, AutoZone's Board of Directors has authorized $29.2B in share repurchases. Shares of AutoZone rose 7.64% on Dec 07, after the company beat analysts estimates with its FQ1 results