---
schema_version: "secwatch.filing_event.v1"
accession: "0001031203-24-000038"
form_type: "8-K"
ticker: "GPI"
cik: "0001031203"
company_name: "GROUP 1 AUTOMOTIVE INC"
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T04:39:37.212997+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Group 1 Automotive boosts buyback by $161M to $250M, declares $0.47 quarterly dividend

## Summary
- 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.

## SEC filing metadata
- accession: 0001031203-24-000038
- form_type: 8-K
- ticker: GPI
- cik: 0001031203
- company_name: GROUP 1 AUTOMOTIVE INC
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031203/000103120324000038/0001031203-24-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031203/000103120324000038/gpi-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001031203-24-000038
- JSON: https://secwatch.observer/filing/0001031203-24-000038.json
- Plain text: https://secwatch.observer/filing/0001031203-24-000038.txt

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