Group 1 automotive board declares quarterly dividend and the company provides share repurchase update

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.
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