CarMax resumes share buybacks after suspending program in April due to pandemic

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CarMax Inc. said Monday it has resumed its share buyback program after suspending it in April due to the coronavirus pandemic. The retailer of new and used cars said in a regulatory filing that it has $1.51 billion left in its share buyback authorization. Shares were not active premarket but have gained 7% in the year to date, while the S&P 500 has gained 2.1%.
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