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CarMax (NYSE:KMX) says its Board of Directors has approved a $500M extension of its existing...

Feb. 01, 2013 6:44 PM ETCarMax, Inc. (KMX) StockKMXBy: David Yelle, SA News Editor

CarMax (NYSE:KMX) says its Board of Directors has approved a $500M extension of its existing share repurchase program. This extension is in addition to the $300M repurchase authorization initially approved by the Board in October of last year.

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