other material
confidence high
sentiment positive
materiality 0.65
Group 1 Automotive boosts buyback by $161M to $250M, declares $0.47 quarterly dividend
GROUP 1 AUTOMOTIVE INC
- Board increased share repurchase authorization by $161 million to $250 million total.
- Year-to-date 2024 repurchased 205,551 shares at avg $264.74 for $54 million.
- Declared quarterly dividend of $0.47 per share payable June 17, 2024, to holders of record June 3, 2024.
- Dividend represents 4% annualized rate increase from $1.80 to $1.88 per share in 2024.