NYSE:GPISpecialty Retail
Group 1 Automotive Buyback Completion Reshapes EPS And Capital Allocation Choices
Group 1 Automotive completed a major phase of its share repurchase program, retiring more than 47% of its shares since 2020.
The company, listed as NYSE:GPI, has been using buybacks as a key tool to return capital to shareholders.
This reduction in share count may influence future earnings per share calculations and management's capital allocation decisions.
For investors watching NYSE:GPI, the completion of this large buyback phase comes with the stock recently closing at $396.41. Over the...