Penske Automotive raises dividend 3.3% to $1.26/share, adds $250M buyback authorization

PENSKE AUTOMOTIVE GROUP, INC.

Quarterly dividend increased 3.3% to $1.26/share, the 18th consecutive quarterly increase.
Dividend payable June 3, 2025 to shareholders of record as of May 27, 2025.
Board authorized additional $250M for securities repurchases; total authorization now $295.8M.
Entered into Amended and Restated Services Agreement with Mitsui USA for strategic development; quarterly fee $87,500.
Yosuke Kawakami elected to Board; Mitsui designee under stockholders agreement.

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