Group 1 automotive board approves share repurchase authorization & announces quarterly cash dividend

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.
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