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Stock Market & Financial Investment News

News Breaks
February 1, 2013
16:29 EDTKMXCarMax approves $500M extension of share repurchase plan
CarMax announced that its Board of Directors has approved a $500M extension of its existing share repurchase program for the company's outstanding common stock. This extension is in addition to the previously announced $300M repurchase authorization approved by the Board on October 17, 2012. This $500M authorization expires on December 31, 2014.
News For KMX From The Last 14 Days
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February 1, 2016
06:51 EDTKMXCarMax promotes Bill Nash to President, Cliff Wood to COO
CarMax announced that, as the culmination of a multi-year management succession plan, Bill Nash has been promoted to President and Cliff Wood has been promoted to COO, effective February 1, 2016. Tom Folliard plans to retire as CEO prior to the end of 2016, at which time it is anticipated that Nash will assume the role of CEO. Upon Folliard's retirement, the board expects that he will serve as the non-executive Chairman of the Board.

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