AutoZone suspends share buybacks, adds emergency time off for workers

By , Daily Memphian Published: April 07, 2020 1:43 PM CT
<strong>Memphis-based AutoZone Inc. is taking steps to help its employees and the company cope with the impacts of COVID-19.</strong><span>&nbsp;(Daily Memphian file)</span>

Memphis-based AutoZone Inc. is taking steps to help its employees and the company cope with the impacts of COVID-19. (Daily Memphian file)

Memphis-based auto parts retailer has added emergency time off benefit for employees, temporarily suspended share buybacks and restructured borrowing capabilities.

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AutoZone auto parts retailer COVID-19 coronavirus emergency time off
Wayne Risher

Wayne Risher

Business news reporter, 43-year veteran of print journalism, 35-year resident of Memphis, University of Georgia alumnus and proud father and spouse of University of Memphis graduates.


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