secwatch.observer — SEC 8-K summary
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Issuer:     AVIS BUDGET GROUP, INC. (CAR)
CIK:        0000723612
Form:       8-K
Filed at:   2023-12-06T23:59:59+00:00
Accession:  0000950142-23-002909
Event type: dividend
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avis Budget declares special dividend of $10.00/share and reports Q4 share repurchases
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- Special cash dividend of $10.00 per share declared; payable Dec 21, 2023, record date Dec 15, 2023.
- Repurchased approx. 1.3M shares in Q4 2023 for ~$240M aggregate purchase price.
- Approximately $820M remains under share repurchase program; expects to continue retiring shares in 2023 and beyond.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723612/000095014223002909/0000950142-23-002909-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723612/000095014223002909/eh230425748_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-23-002909

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer