Market Pulse Archives

Sept. 28, 2020, 6:19 a.m. EDT

CarMax resumes share buybacks after suspending program in April due to pandemic

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    CarMax Inc. (KMX)
  • X
    S&P 500 Index (SPX)

or Cancel Already have a watchlist? Log In

By Ciara Linnane

CarMax Inc. /zigman2/quotes/204412041/composite KMX +0.89% said Monday it has resumed its share buyback program after suspending it in April due to the coronavirus pandemic. The retailer of new and used cars said in a regulatory filing that it has $1.51 billion left in its share buyback authorization. Shares were not active premarket but have gained 7% in the year to date, while the S&P 500 /zigman2/quotes/210599714/realtime SPX -0.28% has gained 2.1%.

/zigman2/quotes/204412041/composite
US : U.S.: NYSE
$ 94.57
+0.83 +0.89%
Volume: 385,859
Oct. 19, 2020 11:46a
P/E Ratio
22.76
Dividend Yield
N/A
Market Cap
$15.38 billion
Rev. per Employee
$714,405
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
3,473.96
-9.85 -0.28%
Volume: 734.80M
Oct. 19, 2020 11:46a
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.