NYSE:GPISpecialty Retail
Group 1 Automotive (GPI): Reassessing Valuation After Boosted Buyback and Sustained Dividend
Group 1 Automotive (GPI) just announced an increase to its equity buyback plan, raising the authorization to $500 million, and reaffirmed its quarterly dividend of $0.50 per share. These moves highlight management’s focus on returning value to shareholders.
See our latest analysis for Group 1 Automotive.
Group 1 Automotive’s latest move to boost its buyback authorization comes after a year in which the stock has seen mixed momentum. There was a strong 2.94% share price gain in just the past...