Penske Automotive Group (PAG) Tops Q2 EPS by 47c; Raises Buyback By $250M
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PENSKE AUTOMOTIVE GROUP REPORTS ALL-TIME RECORD QUARTERLY EARNINGS
July 27, 2022 6:58 AM EDTEarnings Before Taxes Increased 8% to $500 Million
Income From Continuing Operations Increased 10% to $374 Million
Earnings Per Share Increased 17% to $4.93
Repurchased 3.5 Million Shares of Common Stock for $362.7 Million Year-To-Date Through July 26, 2022
Board of Directors Increases Securities Repurchase Authorization by $250 Million
BLOOMFIELD HILLS, Mich., July 27, 2022 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and... More
