AutoNation’s Board of Directors approved an additional $1 billion for share repurchases, raising the total authorized buy‑back program to $2.28 billion. The new authorization follows a prior $1.28 billion authorization that had been in place, leaving $1.28 billion of the program still available for future repurchases.
The company has already repurchased 3.0 million shares at an average price of $189 per share, totaling $576 million through October 30, 2025. With 36 million shares outstanding as of that date, the buy‑back program has reduced the share count by 8% since December 31, 2024, supporting earnings per share and reflecting management’s confidence in the business.
AutoNation’s third‑quarter 2025 results showed revenue up 7% year‑over‑year to $7.0 billion and adjusted EPS rising 25% to $5.01, exceeding analyst expectations. Strong performance across Domestic, Import, Premium Luxury, and AutoNation Finance segments, along with record profits in After‑Sales and Customer Financial Services, generated the cash flow that underpins the new buy‑back authorization.
Management cited robust cash generation and a resilient operating environment as the basis for the additional share repurchase. The company noted that high inflation and rising borrowing costs have moderated consumer purchasing power, but its diversified portfolio and efficient cost structure have maintained profitability and liquidity.
AutoNation has a history of aggressive share repurchases, including $4 billion between 2021 and 2022 and $460 million in 2024, which reduced the share count by 7% that year. The current year‑to‑date repurchase of $576 million continues this trend and demonstrates the company’s ongoing commitment to returning capital to shareholders while preserving financial flexibility.
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