secwatch.observer — SEC 8-K summary
======================================

Issuer:     GROUP 1 AUTOMOTIVE INC (GPI)
CIK:        0001031203
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001031203-24-000038
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1031203/000103120324000038/0001031203-24-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1031203/000103120324000038/gpi-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001031203-24-000038

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