DALLAS –

In updating a move the company first discussed this past Tuesday, Copart announced the final results of its modified “Dutch Auction” tender offer three days later.

Based on the final count by the depositary for the tender offer, Copart accepted for payment an aggregate of 6,254,061 shares of its common stock at a purchase price of $36 per share for a total value of $225.1 million. The company noted these shares represent approximately 4.9 percent of the shares issued and outstanding.

“The depositary will promptly pay for the shares accepted for purchase,” Copart officials said.

Copart explained the self-tender offer was made pursuant to an offer to purchase and letter of transmittal, each dated June 4, in which the company offered to purchase up to 13,888,888 shares at a price not greater than $36 per share and not less than $34.75 per share. Those documents were filed with the Securities and Exchange Commission on June 4 and amended on June 24 and July 7.

The information agent is Georgeson and the depositary is Computershare Trust Co.

For questions and information regarding the tender offer, call the information agent at (800) 932-9864.