Group 1 automotive announces closing on prime automotive group dealerships

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.
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