Group 1 Automotive INC 8-K filings

Group 1 Automotive will release its third quarter 2024 financial results on October 30, 2024, followed by a conference call to discuss the results.

Group 1 Automotive has appointed a new CEO for its UK operations and acquired a BMW/MINI dealership, further expanding its footprint in the UK market.

Group 1 Automotive's board of directors has declared a cash dividend of $0.47 per share for the second quarter of 2024.

Group 1 Automotive has finalized the acquisition of Inchcape Retail, adding 54 dealerships in the UK and significantly increasing its presence in the region.

Group 1 Automotive has successfully priced a $500 million offering of senior notes due in 2030, planning to use the proceeds to repay debt and for general corporate purposes.

Group 1 Automotive plans to offer $500 million in senior unsecured notes due in 2030 to repay debt and for general corporate purposes.

Group 1 Automotive reported record second-quarter revenue of $4.7 billion, a 3.0% increase year-over-year, despite facing weather and cyber security challenges.

Group 1 Automotive will release its second quarter 2024 financial results on July 24, 2024, followed by a conference call to discuss the results.

Group 1 Automotive has announced the acquisition of four Mercedes-Benz dealerships in the UK, expected to generate $105 million in annual revenue.

Group 1 Automotive's U.S. operations are experiencing disruptions due to a cybersecurity incident at CDK Global, a software provider, impacting dealership systems.

Group 1 Automotive's stockholders approved the election of directors, executive compensation, auditor ratification, and new employee stock purchase and long-term incentive plans at their 2024 annual meeting.

Group 1 Automotive has increased its share repurchase authorization by $161 million to $250 million and declared a $0.47 per share quarterly dividend.

Group 1 Automotive has successfully increased its revolving credit facility to $2.5 billion, with a potential expansion to $3 billion, enhancing its financial flexibility for vehicle financing and acquisitions.

Group 1 Automotive reported record first-quarter revenue of $4.5 billion, driven by strong U.S. sales and a rebound in the U.K. market, despite a decrease in net income.

Group 1 Automotive is set to acquire 54 U.K. dealership locations from Inchcape plc for approximately $439 million, significantly expanding its presence in the United Kingdom.

Group 1 Automotive will release its first quarter 2024 financial results on April 24, 2024, followed by a conference call to discuss the results.

Group 1 Automotive has added twelve subsidiaries to its GM floorplan credit facility, increasing the maximum borrowing capacity to $338.1 million.

Group 1 Automotive has acquired two high-volume Lexus dealerships in Southern California, projecting $350 million in annual revenue, and updated its share repurchase activity.

Group 1 Automotive has entered into a $250 million credit agreement, acquired RRR Automotive Group, and increased its annual dividend rate by 4%.

Group 1 Automotive reported record full-year revenues of $17.9 billion, while facing headwinds in the fourth quarter due to declining new vehicle margins and challenges in the UK market.

Group 1 Automotive will release its fourth quarter and full year 2023 financial results on January 31, 2024, before the market opens, followed by a conference call.

Group 1 Automotive has announced the appointment of Shelley Washburn as Vice President, Marketing and Chief Marketing Officer, effective January 11, 2024.