ORLY 8-K — Smart Summary

On June 1, 2026, O'Reilly Automotive, Inc.'s Board of Directors approved a $2B increase to its existing share repurchase program, raising the aggregate authorization to $31.8B.

• Authorization increase: $2B additional, effective June 1, 2026
• Total aggregate authorization under the program raised to $31.8B
• New authorization is effective for a three-year period beginning June 1, 2026
• Repurchases may be made solely through open market repurchases effected through a broker dealer at prevailing market prices
• Program may be increased, modified, renewed, suspended, or terminated at any time without prior notice
• No assurance provided as to the number of shares the Company will purchase, if any