Company: ORLY
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0000898173-25-000057
Chunk: 4

Company: O REILLY AUTOMOTIVE INC
Filing Date: 2025-11-07
Form: 10-Q
Item: Part II, Item 1L
Chunk 4
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Item 1.  Legal Proceedings

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The Company is currently involved in litigation incidental to the ordinary conduct of the Company’s business.  Based on existing facts and historical patterns, the Company accrues for litigation losses in instances where an adverse outcome is probable and the Company is able to reasonably estimate the probable loss in accordance with Accounting Standard Codification 450-20.  The Company also accrues for an estimate of legal costs to be incurred for litigation matters.  Although the Company cannot ascertain the amount of liability that it may incur from legal matters, it does not currently believe that, in the aggregate, these matters, taking into account applicable insurance and accruals, will have a material adverse effect on its consolidated financial position, results of operations or cash flows in a particular quarter or annual period.  

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Item 1A.  Risk Factors 

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As of September 30, 2025, there have been no material changes to the risk factors set forth in our annual report on Form 10-K for the year ended December 31, 2024.   

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Item 2.  Unregistered Sales of Equity Securities and Use of Proceeds 

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The Company had no sales of unregistered securities during the nine months ended September 30, 2025.  The following table identifies all repurchases during the three months ended September 30, 2025, of any of the Company’s securities registered under Section 12 of the Securities Exchange Act of 1934, as amended, by or on behalf of the Company or any affiliated purchaser (in thousands, except per share data):

​​​​​​​​​​​​    ​    ​​    Total Number of    Maximum Dollar Value​​Total​Average​Shares Purchased as​of Shares that May Yet​​Number of​Price Paid​Part of Publicly​Be Purchased Under thePeriod​Shares Purchased​per Share​Announced Programs​Programs (1)July 1, 2025, to July 31, 2025  2,157​$ 92.73  2,157​$ 1,119,088August 1, 2025, to August 31, 2025  1,126​  102.09  1,126​  1,004,100September 1, 202