Group 1 Automotive, Inc. provided an update on its year-to-date share repurchase activity, reporting that it has bought back 447,373 shares of common stock. These repurchases were made at an average price of $416.60 per share, totaling $186 million.
This represents approximately 3.4% of Group 1's outstanding common shares as of January 1, 2025. As of August 12, 2025, the company had $290 million remaining under its current share repurchase authorization.
The company expects that any future share repurchases will be funded by cash from operations. This ongoing program demonstrates Group 1's commitment to disciplined capital allocation and enhancing shareholder value.
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