Group 1 Automotive (GPI) Increases Share Buyback by $39M, Declares Dividend
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Group 1 Automotive Board Approves Share Repurchase Authorization & Announces Quarterly Cash Dividend
November 16, 2022 6:27 AM ESTHOUSTON, Nov. 16, 2022 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 203 dealerships located in the U.S. and U.K., today announced its board of directors increased the Company's common stock repurchase authorization by $161 million to $200 million, and also declared an increase to the quarterly cash dividend.Â
"Our strong cash flow and robust balance sheet continues to enable the Company to have significant flexibility in our capital deployment. Since the beginning of... More
