DividendMay 15, 2026, 12:58 PM
Group 1 Automotive Declares $0.55 Quarterly Dividend
AI Summary
Group 1 Automotive, Inc. declared a quarterly cash dividend of $0.55 per share, payable on June 15, 2026, to stockholders of record as of June 1, 2026. This dividend aligns with the previously announced 10% increase in the annualized dividend rate to $2.20 per share for 2026. Additionally, at the Annual Meeting, stockholders approved an amendment to the Company's Certificate of Incorporation, enabling stockholders holding at least 25% of outstanding common stock to call a special meeting. Stockholders also elected nine director nominees, approved executive compensation, and ratified Deloitte & Touche LLP as the independent auditor.
Key Highlights
- Quarterly cash dividend of $0.55 per share declared.
- Dividend payable June 15, 2026, to stockholders of record June 1, 2026.
- Annualized dividend rate increased 10% to $2.20 per share for 2026.
- Stockholders approved amendment allowing 25% of common stock to call special meetings.
- Nine director nominees were elected at the Annual Meeting.
- Executive officer compensation was approved on an advisory basis.
- Deloitte & Touche LLP ratified as independent registered public accounting firm.
Price Impact
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