Group 1 automotive board approves new share repurchase authorization & declares quarterly dividend

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 increase the company announced that its board of directors increased the company's common share repurchase authorization by $161 million to $250 million.
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