LMPX - Dividend announcements

Fort Lauderdale, May 04, 2023 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. ("LMP" or the "Company"), an e-commerce and facilities-based automotive retailer in the United States, declared a special cash dividend of $1.24 per share.  The dividend is anticipated to be paid on May 8, 2023, to all stockholders of record as of April 29, 2023. ABOUT LMP AUTOMOTIVE HOLDINGS, INC. LMP Automotive Holdings, Inc. offers a wide array of products and services fulfilling the entire vehicle ownership lifecycle, including new and used vehicles, finance and insurance products and automotive repair and maintenance.Our proprietary e-commerce technology and strategy are designed to disrupt the indu

FORT LAUDERDALE, Fla., Feb. 09, 2023 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. ("LMP" or the "Company"), an e-commerce and facilities-based automotive retailer in the United States, declared a special cash dividend of $4.68 per share. The dividend is anticipated to be paid on February 28, 2023 to all stockholders of record as of February 13, 2023. In addition, the Company's subsidiaries entered into definitive agreements to sell its Subaru and Kia dealerships in Beckley, West Virginia. "The Board and the management team all believe that, given the nature of our portfolio, pursuing multiple transactions with different potential buyers for assets or groups of assets presents the be

FORT LAUDERDALE, FL, July 08, 2021 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (NASDAQ:LMPX) ("LMP" or the "Company"), an e-commerce and facilities-based automotive retailer in the United States, today announced that the Board has authorized a debt refinancing, and subject to the conditions of such debt refinancing, a stock buy back and dividend. On Tuesday July 6, 2021, LMP's Board of Directors authorized the refinancing of its current debt facility, in light of additional anticipated acquisitions in the pipeline. Conditioned upon the terms of such refinanced debt facility, the Board has also authorized the use of up to 25% of excess cash to buy back shares of its common stock and