UPDATE: Carmax, Inc. (KMX) Misses Q4 EPS Views; Used Comps Up 7%
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CarMax, Inc. (KMX) Board Approves $1B Stock Buyback Expansion
April 4, 2014 8:58 AM EDTCarMax, Inc. (NYSE: KMX) announced that its Board of Directors approved a $1 billion expansion of the company's share repurchase program, which will expire on December 31, 2015. The new authorization is in addition to the $800 million of repurchases previously authorized by the Board, of which $282.1 million remained available as of February 28, 2014.
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