GPI - Dividend announcements

HOUSTON, May 12, 2026 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 253 dealerships located in the U.S. and U.K., today announced its board of directors declared a quarterly dividend of $0.55 per share. The dividend is consistent with the Company's previously announced increase of 10% in its annualized dividend rate from $2.00 per share in 2025 to $2.20 per share in 2026. The dividend is payable on June 15, 2026 to stockholders of record as of June 1, 2026.ABOUT GROUP 1 AUTOMOTIVE, INC.Group 1 owns and operates 253 automotive dealerships, 313 franchises, and 32 collision centers in the United States and the United Kin

HOUSTON, Feb. 11, 2026 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 257 dealerships located in the U.S. and U.K., today announced its board of directors has approved an increase in the 2026 annual dividend rate to $2.20 per share.  This represents an increase of 10%, or $0.20, from the 2025 annual dividend rate of $2.00 per share.  Consistent with this increase, a $0.55 dividend per share will be payable on March 16, 2026, to stockholders of record as of March 2, 2026. ABOUT GROUP 1 AUTOMOTIVE, INC.Group 1 owns and operates 257 automotive dealerships, 318 franchises, and 32 collision centers in the United States and

HOUSTON, Nov. 11, 2025 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 259 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 $457 million to $500 million.  Year-to-date 2025, the Company repurchased 1,038,797 shares representing approximately 8% of the Company's outstanding common shares at January 1, 2025, at an average price per co

HOUSTON, Aug. 12, 2025 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 259 dealerships located in the U.S. and U.K., today announced its board of directors declared a quarterly dividend of $0.50 per share.  The dividend is consistent with the Company's previously announced increase of 6% in its annualized dividend rate from $1.88 per share in 2024 to $2.00 per share in 2025. The dividend is payable on September 16, 2025 to stockholders of record as of September 2, 2025. The Company also updated its year-to-date share repurchase activity of 447,373 shares of common stock at an average price of $416.60 for a total of $18

HOUSTON, May 13, 2025 /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 declared a quarterly dividend of $0.50 per share.  The dividend is consistent with the Company's previously announced increase of 6% in its annualized dividend rate from $1.88 per share in 2024 to $2.00 per share in 2025. The dividend is payable on June 16, 2025 to stockholders of record as of June 2, 2025. ABOUT GROUP 1 AUTOMOTIVE, INC.Group 1 owns and operates 260 automotive dealerships, 332 franchises, and 39 collision centers in the United States and the United K

HOUSTON, Feb. 12, 2025 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 258 dealerships located in the U.S. and U.K., today announced its board of directors has approved an increase in the 2025 annual dividend rate to $2.00 per share.  This represents an increase of 6%, or $0.12, from the 2024 annual dividend rate of $1.88 per share.  Consistent with this increase, a $0.50 dividend per share will be payable on March 17, 2025, to stockholders of record as of March 3, 2025. ABOUT GROUP 1 AUTOMOTIVE, INC.Group 1 owns and operates 258 automotive dealerships, 330 franchises, and 39 collision centers in the United States and

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, b

HOUSTON, Aug. 8, 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 declared a quarterly dividend of $0.47 per share.  The dividend is consistent with the Company's previously announced increase of 4% in its annualized dividend rate from $1.80 per share in 2023 to $1.88 per share in 2024. The dividend is payable on September 16, 2024 to stockholders of record as of September 2, 2024. ABOUT GROUP 1 AUTOMOTIVE, INC.Group 1 owns and operates 260 automotive dealerships, 337 franchises, and 45 collision centers in the United States and t

HOUSTON, May 9, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a Fortune 300 automotive retailer with 203 dealerships located in the U.S. and U.K., today announced its board of directors approved a new share repurchase authorization of $250 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 $161 million to $250 million.  Year-to-date 2024, the Company repurchased 205,551 shares at an average price per common share of $264.74, for a total of $54 million.  Purchases may be made from time to time, based

54 Dealership Locations in the United KingdomHOUSTON, April 15, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), a  Fortune 300 automotive retailer with 202 dealerships located in the U.S. and U.K., today announced it has entered into a definitive agreement to acquire the U.K. automotive retailing business and related owned real estate from a subsidiary of Inchcape plc for approximately $439 million (£346 million) in an all-cash transaction, inclusive of $279 million (£220 million) of appraised real estate value.  In 2023, the Inchcape U.K. dealerships generated approximately $2.7 billion USD (£2.1 billion) in annual revenues.  The transaction is subject

HOUSTON, Nov. 15, 2023 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 201 dealerships located in the U.S. and U.K., today announced its board of directors declared a quarterly dividend of $0.45 per share that will be payable on December 15, 2023, to stockholders of record as of December 1, 2023.  The dividend is consistent with the Company's previously announced increase of 20% in its annualized dividend rate from $1.50 per share in 2022 to $1.80 per share in 2023.  The Company also updated its year-to-date share repurchase activity of 678,743 shares of common stock at an average price of $233.31 for a

HOUSTON, Aug. 2, 2023  /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 202 dealerships located in the U.S. and U.K., today announced its board of directors increased the Company's common stock repurchase authorization by $153.7 million to $250.0 million, and also declared a quarterly dividend.    Group 1's President and Chief Executive Officer Daryl Kenningham stated, "Once again our strong cash flow and balance sheet enable the Company to deploy capital and reward stockholders.  Continuing to grow our business while also returning capital to our stockholders remain our top capital allocation priorities.

HOUSTON, Feb. 14, 2023 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 204 dealerships located in the U.S. and U.K., today announced its board of directors has approved an increase in the 2023 annual dividend rate to $1.80 per share.  This increase represents a 20%, or $0.30, increase over 2022's annual dividend of $1.50 per share.  Consistent with this increase, the board of directors declared a $0.45 dividend per share that will be payable on March 15, 2023, to stockholders of record as of March 1, 2023. "We are pleased to provide a 20% increase in our annual dividend rate as our strong cash flow conti

HOUSTON, Nov. 16, 2022 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 203 dealerships located in the U.S. and U.K., today announced its board of directors increased the Company's common stock repurchase authorization by $161 million to $200 million, and also declared an increase to the quarterly cash dividend.  "Our strong cash flow and robust balance sheet continues to enable the Company to have significant flexibility in our capital deployment. Since the beginning of the third quarter of 2021 we have added $3.1 billion in acquired revenues and repurchased approximately 21% of the Company's outstanding

HOUSTON, Aug. 16, 2022 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 204 dealerships located in the U.S. and U.K., today announced its board of directors increased the Company's common stock repurchase authorization by $130 million to $250 million, and also declared an increase to the quarterly cash dividend.    "Our strong cash flow and balance sheet continues to enable significant capital deployment in 2022.  Growing our U.S. and U.K. businesses while also returning capital to our shareholders remain our top capital allocation priorities," said Earl J. Hesterberg, Group 1's President and Chief Execut

HOUSTON, May 18, 2022 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 202 dealerships located in the U.S. and U.K., today announced its board of directors increased the Company's common stock repurchase authorization by $175 million to $250 million, and also declared an increase to the quarterly cash dividend.  "We continue to demonstrate strong cash flow and a healthy balance sheet, which has enabled significant capital deployment in 2022.  We look to continue growth via acquisitions while also returning capital to our shareholders," said Earl J. Hesterberg, Group 1's President and Chief Executive Offic

HOUSTON, Feb. 16, 2022 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 200 dealerships located in the U.S. and U.K., today announced its board of directors increased the Company's common stock share repurchase authorization by $144.2 million to $200.0 million, and also declared an increased quarterly cash dividend.  Additionally, the Company announced the disposition of two stores. "We continue to demonstrate strong cash flow and a healthy balance sheet, which will enable significant capital deployment flexibility in 2022, as we look to grow via acquisitions while also returning capital to our sharehold

HOUSTON, Nov. 17, 2021 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI), ("Group 1" or the "Company"), an international, Fortune 500 automotive retailer with 217 dealerships located in the U.S., U.K., and Brazil, today announced an update on the acquisition of Prime Automotive Group.  Additionally, the Company announced its board of directors increased the Company's quarterly cash dividend by 2.9%, or $0.01 per share, and also increased the Company's common stock share repurchase authorization by $116.1 million to $200.0 million.  Prime Automotive Group Acquisition UpdateThrough November 17, 2021, the Company has completed the purchase of substantially all the assets, including re

HOUSTON, Sept. 13, 2021 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI), ("Group 1" or the "Company" or the "Buyer"), an international, Fortune 500 automotive retailer with 188 dealerships located in the U.S., U.K., and Brazil, today announced it has entered into a definitive agreement to purchase substantially all the assets, including real estate, of Prime Automotive Group (the "Seller"), headquartered in Westwood, Massachusetts.  In 2020, the corresponding Prime dealerships generated $1.8 billion in annual revenues and retailed over 52,000 new and used vehicles.   "Group 1 has successfully operated in the Northeastern U.S. for many years.  We are pleased to have this opportunity to le

HOUSTON, Aug. 17, 2021 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI), ("Group 1" or the "Company"), an international, Fortune 500 automotive retailer, today announced that its board of directors declared a cash dividend of $0.34 per share for the second quarter of 2021.  The dividend, which represents an increase of 3.0 percent, or $0.01 per share, from the first quarter of 2021, will be payable on September 15, 2021, to stockholders of record as of September 1, 2021. ABOUT GROUP 1 AUTOMOTIVE, INC.Group 1 owns and operates 188 automotive dealerships, 242 franchises, and 48 collision centers in the United States, the United Kingdom and Brazil that offer 32 brands of automobiles

HOUSTON, May 11, 2021 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI), ("Group 1" or the "Company"), an international, Fortune 500 automotive retailer, today announced that its board of directors declared a cash dividend of $0.33 per share for the first quarter of 2021.  The dividend, which represents an increase of 6.5 percent, or $0.02 per share, from the fourth quarter of 2020, will be payable on June 15, 2021, to stockholders of record as of June 1, 2021. ABOUT GROUP 1 AUTOMOTIVE, INC.Group 1 owns and operates 182 automotive dealerships, 233 franchises, and 49 collision centers in the United States, the United Kingdom and Brazil that offer 31 brands of automobiles. Through its dealer

HOUSTON, April 29, 2021 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE:GPI), ("Group 1" or the "Company"), an international, Fortune 500 automotive retailer, today reported first quarter 2021 financial results.  First quarter 2021 net income per diluted share was a first-quarter record of $5.52, a 242.5 percent increase from $1.61 per diluted share as reported for first quarter 2020.  First quarter 2021 adjusted net income per diluted share (a non-GAAP measure) was also a first quarter record of $5.57, a 236.2 percent increase from $1.66 per diluted share as reported for first quarter 2020.  First quarter 2021 net income was a first quarter record of $101.9 million, a 242.3 percent increase

HOUSTON, Feb. 16, 2021 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Company"), an international, Fortune 500 automotive retailer, today declared a cash dividend of $0.31 per share for the fourth quarter of 2020. The dividend, which represents an increase of 3.3 percent, or $0.01 per share, from the third quarter of 2020, will be payable on March 15, 2021, to stockholders of record as of March 1, 2021. About Group 1 Automotive, Inc.Group 1 owns and operates 182 automotive dealerships, 236 franchises, and 49 collision centers in the United States, the United Kingdom and Brazil that offer 31 brands of automobiles. Through its dealerships, the Company sells new and

HOUSTON, Feb. 4, 2021 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Company"), an international, Fortune 500 automotive retailer, today reported fourth quarter and full year 2020 financial results.  Fourth quarter 2020 net income per diluted share was $5.43, a 111.2 percent increase from $2.57 per diluted share as reported for fourth quarter 2019.  Fourth quarter 2020 adjusted net income per diluted share (a non-GAAP measure) was $5.66, an 88.0 percent increase from $3.01 per diluted share as reported for fourth quarter 2019.   Full year 2020 net income per diluted share was $15.51, a 66.0 percent increase from $9.34 per diluted share as reported for full year 2