-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AgR0nj5gFk/lF4DWzMZNetd0Dqt5Ndqii8CF9t6taJ4TdIlJYlheFu0q5Xq7eTTw ZiuZM8zrQ+f7gGaSqbxMSQ== 0001171843-07-000288.txt : 20070607 0001171843-07-000288.hdr.sgml : 20070607 20070606194633 ACCESSION NUMBER: 0001171843-07-000288 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070606 ITEM INFORMATION: Other Events FILED AS OF DATE: 20070607 DATE AS OF CHANGE: 20070606 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AUTOZONE INC CENTRAL INDEX KEY: 0000866787 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO & HOME SUPPLY STORES [5531] IRS NUMBER: 621482048 STATE OF INCORPORATION: NV FISCAL YEAR END: 0828 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10714 FILM NUMBER: 07905186 BUSINESS ADDRESS: STREET 1: 123 SOUTH FRONT ST CITY: MEMPHIS STATE: TN ZIP: 38103 BUSINESS PHONE: 9014956500 MAIL ADDRESS: STREET 1: P O BOX 2198 STREET 2: DEPT 8074 CITY: MEMPHIS STATE: TN ZIP: 38101-2198 8-K 1 document.htm FORM 8-K FILING DOCUMENT Form 8-K Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 8-K


CURRENT REPORT

Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) June 6, 2007


AutoZone, Inc.
(Exact name of registrant as specified in its charter)


Nevada
 
1-10714
 
62-1482048
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer Identification No.)


 
123 South Front Street, Memphis, Tennessee
 
38103
 
  (Address of principal executive offices)   (Zip Code)  

Registrant's telephone number, including area code:   (901) 495-6500



________________________________________________________________________________
(Former name or former address, if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
  [   ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [   ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12)
  [   ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [   ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events

On June 6, 2007, AutoZone, Inc. (the Company) issued a press release announcing that its Board of Directors has authorized the repurchase of an additional $500 million of the Company's common stock in connection with its ongoing share repurchase program.

The Company also announced that William C. Rhodes, III, was elected Chairman of the Board. Mr. Rhodes' new title is Chairman, President and Chief Executive Officer. He replaces J.R. Hyde, III as Chairman. Mr. Hyde will remain a member of the Board. The Board also named W. Andrew McKenna as Lead Director.

A copy of the press release is furnished as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d)      Exhibits

99.1   Press Release dated June 6, 2007.


SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    AutoZone, Inc.
(Registrant)

June 6, 2007
(Date)
  /s/   HARRY L. GOLDSMITH
Harry L. Goldsmith
Executive Vice President, General Counsel and Secretary


  Exhibit Index
  99.1 Press release dated June 6, 2007






EX-99.1 2 newsrelease.htm PRESS RELEASE AutoZone Authorizes Additional Stock Repurchase; Rhodes Elected Board Chairman; McKenna Named Lead Director

EXHIBIT 99.1

AutoZone Authorizes Additional Stock Repurchase; Rhodes Elected Board Chairman; McKenna Named Lead Director

MEMPHIS, Tenn., June 6, 2007 (PRIME NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO) today announced its Board of Directors authorized the repurchase of an additional $500 million of the Company's common stock in connection with its ongoing share repurchase program. Including the above amount, the share repurchase authorization now totals $5.9 billion.

"AutoZone's strong financial performance has allowed us to continue to repurchase our stock while maintaining strong credit metrics," said Bill Giles, Executive Vice President, Chief Financial Officer, Information Technology and Store Development. "We will continue to utilize accretive share repurchases within the bounds of a disciplined capital structure to enhance shareholder returns."

Also today, the Board of Directors elected William C. Rhodes, III as Chairman of the Board. Mr. Rhodes' new title is Chairman, President and Chief Executive Officer. He replaces J.R. Hyde, III as Chairman. Mr. Hyde will remain a member of the Board of Directors.

"Bill Rhodes has been an integral part of our Company's success for many years now, and I, along with the rest of our Board, congratulate him on being elected Chairman," said Mr. Hyde. Mr. Rhodes added, "Not only is Pitt Hyde AutoZone's founder, but he has been a mentor to me and our management team over the years. We look forward to his continued guidance as a member of our Board for many years to come."

In addition, the Board named W. Andrew McKenna as Lead Director. Mr. McKenna has been a Director since 2000.

About AutoZone:

As of May 5, 2007, AutoZone sells auto and light truck parts, chemicals and accessories through 3,881 AutoZone stores in the United States plus the District of Columbia and Puerto Rico and 110 AutoZone stores in Mexico and also sells the ALLDATA brand automotive diagnostic and repair software. On the web, AutoZone sells diagnostic and repair information and auto and light truck parts through www.autozone.com

CONTACT:  AutoZone, Inc.
          Media:
          Ray Pohlman
            (901) 495-7962
            ray.pohlman@autozone.com
          Financial:
          Brian Campbell
            (901) 495-7005
            brian.campbell@autozone.com
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