RTTNews | Jul 19, 2021 07:23AM EDT

07:22 Monday, July 19, 2021 (RTTNews.com) - While reporting financial results for the second quarter on Monday, automotive retailer AutoNation, Inc. (AN) announced that the Board of Directors authorized the repurchase of up to an additional $1 billion of AutoNation common stock.

As of July 15, 2021, AutoNation had approximately 71.6 million shares outstanding.

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