secwatch.observer — SEC 8-K summary
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Issuer:     LITHIA MOTORS INC (LAD)
CIK:        0001023128
Form:       8-K
Filed at:   2021-11-30T23:59:59+00:00
Accession:  0001023128-21-000125
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lithia Motors authorizes $750M share repurchase program
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- Board approved up to $750M in common stock repurchases, in addition to prior authorization.
- Repurchases may be executed via open market, derivative, accelerated or 10b5-1 plans.
- Timing and amount determined by management based on market conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023128/000102312821000125/0001023128-21-000125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023128/000102312821000125/lad-20211130.htm
  HTML page:      https://secwatch.observer/filing/0001023128-21-000125

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