Brief: Group 1 Automotive Board Approves Share Repurchase Authorization

Group 1 Automotive

16/11/2022 11:35

Nov 16 (Reuters) - Group 1 Automotive Inc  GPI.N :
    * GROUP 1 AUTOMOTIVE BOARD APPROVES SHARE REPURCHASE
AUTHORIZATION
& ANNOUNCES QUARTERLY CASH DIVIDEND
    * GROUP 1 AUTOMOTIVE INC - BOARD OF DIRECTORS INCREASED
COMPANY'S
COMMON STOCK REPURCHASE AUTHORIZATION BY $161 MILLION TO $200
MILLION
    * GROUP 1 AUTOMOTIVE INC - DECLARED A CASH DIVIDEND OF $0.39
PER
SHARE FOR Q3 OF 2022
    * GROUP 1 AUTOMOTIVE INC - NEW DIVIDEND REPRESENTS AN
INCREASE OF
2.6%, OR $0.01 PER SHARE, FROM Q2 OF 2022
    * GROUP 1 AUTOMOTIVE INC - EXPECTS ANY REPURCHASE OF SHARES
WILL
BE FUNDED BY CASH FROM OPERATIONS

Source text for Eikon:  ID:nPn4LZ7k9a 
Further company coverage:  GPI.N 
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