Group 1 Automotive Announces Quarterly Dividend and Share Repurchase Update

Group 1 Automotive Reports on Financial Activities

In a recent announcement, Group 1 Automotive, Inc. (NYSE: GPI), a prominent player in the automotive retail sector, revealed its quarterly dividend declaration and updates on its share repurchase program. Headquartered in Houston, Texas, this Fortune 250 company operates 259 dealerships across the United States and the United Kingdom, providing a diverse range of services and products related to the automotive industry.

Quarterly Dividend Declaration

On August 12, 2025, the company's board of directors declared a quarterly dividend of $0.50 per share. This dividend aligns with the ongoing strategy of enhancing shareholder returns, as it follows a previously announced increase of 6% in the annualized dividend rate from $1.88 per share in 2024 to $2.00 per share in 2025. The dividend will be payable on September 16, 2025, to stockholders of record as of September 2, 2025.

This consistent commitment to dividend payments underscores Group 1 Automotive's strong financial position and dedication to creating shareholder value. The increase in dividends reflects the company's robust operating performance and financial stability, even amidst changing market conditions.

Share Repurchase Update

In conjunction with the dividend announcement, Group 1 also provided an update on its share repurchase activities. As of the date of the announcement, the company had repurchased 447,373 shares of its common stock, averaging $416.60 per share, amounting to a total investment of $186 million. This repurchase represents approximately 3.4% of the company's outstanding common shares as of January 1, 2025.

Currently, Group 1 Automotive has $290 million available under its existing share repurchase authorization. The timing and execution of these purchases will depend on market conditions, legal requirements, and other corporate considerations. The company primarily intends to fund these repurchases using cash generated from its operations.

Overview of Group 1 Automotive

Group 1 Automotive's extensive operations including 259 automotive dealerships, 324 franchises, and 39 collision centers allow it to serve a wide range of customers. The company provides a platform for selling both new and used vehicles, light trucks, and facilitating associated vehicle financing. Furthermore, it offers automotive maintenance and repair services, as well as parts sales through its omni-channel presence.

Through continuous strategic initiatives, Group 1 aims to bolster its position in the automotive retail space and maintain a solid shareholder return policy. The recent announcements not only reflect the company's proficiency in managing its operations but also reinforce its commitment to shareholder interests.

In conclusion, as Group 1 Automotive continues to navigate the automotive landscape, shareholders can look forward to enhanced returns through both dividends and share repurchases, indicating a strong belief in the company’s enduring value in the market.