Group 1 Automotive Board Approves New Share Repurchase Authorization & Declares Quarterly Dividend
Group 1 Automotive, Inc. (GPI)
Last group 1 automotive, inc. earnings: 2/5 07:07 am
Check Earnings Report
US:NYSE Investor Relations:
group1corp.com
Company Research
Source: PR Newswire
HOUSTON, Nov. 12, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today announced its board of directors approved a new share repurchase authorization of $500 million, and also declared a quarterly dividend. Share Repurchase Authorization IncreaseThe Company announced that its board of directors increased the Company's common share repurchase authorization by $333 million to $500 million. Year-to-date 2024, the Company repurchased 461,365 shares at an average price per common share of $298.49, for a total of $138 million. Purchases may be made from time to time, based on market conditions, legal requirements, and other corporate considerations, in the open market or in privately negotiated transactions. The Company expects that any repurchase of shares will be funded by cash from operations. Repurchased shares will be held in treasury.Quarterly DividendGro
Show less
Read more
Impact Snapshot
Event Time:
GPI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GPI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GPI alerts
High impacting Group 1 Automotive, Inc. news events
Weekly update
A roundup of the hottest topics
GPI
News
- Group 1 Automotive, Inc. (NYSE: GPI) is now covered by analysts at Jefferies Financial Group Inc.. They set a "buy" rating and a $500.00 price target on the stock.MarketBeat
- DARDEN RESTAURANTS, INC. ANNOUNCES NEW BOARD MEMBER [Yahoo! Finance]Yahoo! Finance
- Why Is Group 1 Automotive (GPI) Up 17.4% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
- Group 1 Automotive, Inc. (NYSE: GPI) had its price target raised by analysts at Guggenheim from $420.00 to $442.00. They now have a "buy" rating on the stock.MarketBeat
- Group 1 Automotive, Inc. (NYSE: GPI) had its price target raised by analysts at JPMorgan Chase & Co. from $420.00 to $425.00. They now have an "overweight" rating on the stock.MarketBeat
GPI
Earnings
- 10/30/24 - Miss
GPI
Sec Filings
- 12/18/24 - Form 4
- 12/16/24 - Form 144
- 11/13/24 - Form 8-K
- GPI's page on the SEC website