Autozone Inc (AZO)

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Autozone Inc (AZO) Profile

Autozone Inc (AZO.xnys) is an aftermarket automotive parts and accessories retailer headquartered in Memphis, Tennessee, United States. AutoZone has 5,975 stores in the United States, 47 stores in Brazil and 635 in Mexico for a total store count of 6,657 and employs 87,000 people. AutoZone is the largest of its kind in the US, carrying an extensive product line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. The company’s private-label brands are Valucratft, Duralast, and Duralast Gold for lead-acid automotive batteries. The AutoZone Inc stock (AZO) is listed on the New York Stock Exchange (NYSE), had a market capitalisation of $40.60B (USD) as of January 2022 and $12.63B (USD) in 2020 yearly revenues. In late 2021, AutoZone announced its Board of Directors authorised the repurchase of an additional $1.5B (USD) of its common stock in connection with its ongoing share repurchase program. Since the inception of the repurchase program in 1998, and including the above amount, AutoZone’s Board of Directors has authorised $29.2B (USD) in share repurchases.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
16:30-23:00
Mon
16:30-23:00
Tue
16:30-23:00
Wed
16:30-23:00
Thu
16:30-23:00
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 15936

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