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Group 1 Automotive Board Approves New Share Repurchase Authorization & Declares Quarterly Dividend
Group 1 Automotive increased its share repurchase authorization to $500 million and declared a $0.50 quarterly dividend, continuing its capital return strategy to shareholders.
- Group 1 Automotive's board approved an increase in the share repurchase authorization to $500 million and declared a $0.50 quarterly dividend, payable December 15, 2025.
- With a network of 259 dealerships in the U.S. and U.K., Group 1 Automotive, Inc. has a broad retail scale supporting 36 automobile brands and 35 collision centers.
- Earlier this year, the Company repurchased 1,038,797 shares, about 8% of outstanding at January 1, 2025, totaling $434,000,000 at an average price of $417.38.
- The Company expects repurchases to be funded by cash from operations, subject to market conditions, and the declared dividend is consistent with the 6% annualized increase to $2.00 per share in 2025.
- The company cautioned that forward-looking statements involve risks and directs readers to Securities and Exchange Commission filings for factors that could cause actual results to differ; the Company said it undertakes no obligation to update these statements.
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Group 1 Automotive (NYSE:GPI) to Repurchase $500.00 million in Outstanding Stock
Group 1 Automotive (NYSE:GPI - Get Free Report) announced that its Board of Directors has initiated a share repurchase program on Tuesday, November 11th, RTT News reports. The company plans to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the company to purchase up to 10.4% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's management beli…
Journal Gazette & Times-Courier+26 Reposted by 26 other sources
Group 1 Automotive Board Approves New Share Repurchase Authorization & Declares Quarterly Dividend
HOUSTON, Nov. 11, 2025 /PRNewswire/ -- Group 1 Automotive, Inc.(NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 259 dealerships located in the U.S. and U.K., today announced its board of directors approved a new share…
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Total News Sources28
Leaning Left1Leaning Right0Center15Last UpdatedBias Distribution94% Center
Bias Distribution
- 94% of the sources are Center
94% Center
C 94%
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