other material
confidence high
sentiment positive
materiality 0.55
Lithia Motors announces $450M increase in share repurchase authorization
LITHIA MOTORS INC
- Board authorized up to $450M in common stock repurchases, in addition to existing authorization.
- Repurchases may be executed in open market, derivative, accelerated, or 10b5-1 plans.
- Timing and amount will depend on market conditions and management discretion.