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BRIEF-Group 1 Automotive Board Approves Share Repurchase Authorization

Reuters · 11/16/2022 06:35
BRIEF-Group 1 Automotive Board Approves Share Repurchase Authorization

- Group 1 Automotive Inc GPI.N:

  • GROUP 1 AUTOMOTIVE BOARD APPROVES SHARE REPURCHASE AUTHORIZATION & ANNOUNCES QUARTERLY CASH DIVIDEND

  • GROUP 1 AUTOMOTIVE INC - BOARD OF DIRECTORS INCREASED COMPANY'S COMMON STOCK REPURCHASE AUTHORIZATION BY $161 MILLION TO $200 MILLION

  • GROUP 1 AUTOMOTIVE INC - DECLARED A CASH DIVIDEND OF $0.39 PER SHARE FOR Q3 OF 2022

  • GROUP 1 AUTOMOTIVE INC - NEW DIVIDEND REPRESENTS AN INCREASE OF 2.6%, OR $0.01 PER SHARE, FROM Q2 OF 2022

  • GROUP 1 AUTOMOTIVE INC - EXPECTS ANY REPURCHASE OF SHARES WILL BE FUNDED BY CASH FROM OPERATIONS

Source text for Eikon: ID:

Further company coverage: GPI.N


((Reuters.Briefs@thomsonreuters.com;))