O’REILLY AUTOMOTIVE, INC. (NYSE:O) Files An 8-K Other Events
Item 8.01 Other Events
Professional Sales of OReilly Automotive, Inc. (the Company),
established a plan in accordance with Rule 10b5-1 of the
Securities Exchange Act of 1934, as amended, for the trading of
the Companys common stock. The plan provides for option exercises
and subsequent sales of specified share amounts at specific
market prices, subject to specified limitations. The plan was
established for the purpose of facilitating the exercise and
subsequent sale of stock options with a ten-year contractual life
that are due to expire no earlier than July of 2018. The plan was
established during the Companys unrestricted trading window and
at a time when Mr. Bartholomew was not in possession of material,
non-public information about the Company. Mr. Bartholomew has
informed the Company that he will publicly disclose, as required
by federal securities laws, any option exercises and stock sales
made under this plan.
announcing that its Board of Directors approved a resolution to
increase the authorization amount under its share repurchase
program by an additional $750 million, raising the aggregate
authorization under the program to $7.75 billion. The text of the
press release is attached hereto as Exhibit 99.1.
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Exhibit Number
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Description
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99.1
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Press Release dated November 16, 2016
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About O’REILLY AUTOMOTIVE, INC. (NYSE:O)
Realty Income Corporation is a real estate investment trust (REIT). The Company is engaged in in-house acquisition, portfolio management, asset management, credit research, real estate research, legal, finance and accounting, information technology and capital markets capabilities. Its portfolio includes approximately 4,540 properties, of which over 4,519 are single-tenant properties, and the remaining are multi-tenant properties. The Company has over 280 lease expirations and re-leased approximately 250 properties. It sold over 30 vacant properties. The Company has grouped its tenants into 48 activity segments, including Apparel, Automotive tire services, Beverages, Child care, Convenience stores, Dollar stores, Drug stores, Financial services, Food processing, Grocery stores, Health and fitness, Health care, Home improvement, Restaurants-casual dining, Restaurants-quick service, Sporting goods, Theaters, Transportation services, Wholesale club and 30 other non-reportable segments. O’REILLY AUTOMOTIVE, INC. (NYSE:O) Recent Trading Information
O’REILLY AUTOMOTIVE, INC. (NYSE:O) closed its last trading session up +0.48 at 56.15 with – shares trading hands.
