---
schema_version: "secwatch.filing_event.v1"
accession: "0001019849-25-000059"
form_type: "8-K"
ticker: "PAG"
cik: "0001019849"
company_name: "PENSKE AUTOMOTIVE GROUP, INC."
filed_at: "2025-05-16T23:59:59+00:00"
generated_at: "2026-05-21T02:43:31.451915+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001019849-25-000059
- form_type: 8-K
- ticker: PAG
- cik: 0001019849
- company_name: PENSKE AUTOMOTIVE GROUP, INC.
- filed_at: 2025-05-16T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1019849/000101984925000059/0001019849-25-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1019849/000101984925000059/pag-20250514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001019849-25-000059
- JSON: https://secwatch.observer/filing/0001019849-25-000059.json
- Plain text: https://secwatch.observer/filing/0001019849-25-000059.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.