Lkq corporation announces $500 million increase in stock repurchase program; total authorized now $2.5 billion through october 2024

Chicago, may 12, 2022 (globe newswire) -- lkq corporation (nasdaq:lkq) today announced that its board of directors has authorized a $500 million increase to its existing stock repurchase program. this raises the aggregate program authorization to $2.5 billion through october 25, 2024. since initiating the stock repurchase plan in october 2018, the company has repurchased 37.3 million shares through march 31, 2022 for total consideration of approximately $1.5 billion.
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