Penske Automotive Files Routine 8-K; No New Material Info
Ticker: PAG · Form: 8-K · Filed: 2024-01-17T00:00:00.000Z
Sentiment: neutral
Topics: corporate-governance, administrative, 8-K
TL;DR
**PAG filed a routine 8-K with no new material news, just corporate info.**
AI Summary
Penske Automotive Group, Inc. filed an 8-K on January 17, 2024, to report an 'Other Event' and 'Financial Statements and Exhibits'. This filing, under the Securities Exchange Act of 1934, simply confirms the company's basic information, such as its Delaware incorporation, its trading symbol PAG on the New York Stock Exchange, and its business address at 2555 Telegraph Road, Bloomfield Hills, Michigan. For investors, this filing is a routine update, indicating no new material financial or operational changes, but rather a confirmation of existing corporate details.
Why It Matters
This filing is a standard procedural update, confirming basic company information. It doesn't contain new financial or operational news, so it has minimal immediate impact on investors.
Risk Assessment
Risk Level: low — This 8-K is a standard administrative filing and does not introduce any new risks or significant changes to the company's operations or financial standing.
Analyst Insight
A smart investor would recognize this as a routine administrative filing with no new material information. No immediate action is warranted based solely on this 8-K.
Key Numbers
- 001-12297 — Commission File Number (Penske Automotive Group, Inc.'s SEC file number)
- 22-3086739 — I.R.S. Employer Identification No. (Penske Automotive Group, Inc.'s IRS number)
- 248-648-2500 — Registrant's telephone number (Penske Automotive Group, Inc.'s business phone)
Key Players & Entities
- Penske Automotive Group, Inc. (company) — the registrant filing the 8-K
- PAG (company) — the trading symbol for Penske Automotive Group, Inc.
- New York Stock Exchange (company) — where PAG's stock is registered
- January 17, 2024 (date) — date of earliest event reported and filing date
- Delaware (company) — state of incorporation for Penske Automotive Group, Inc.
- 2555 Telegraph Road, Bloomfield Hills, Michigan 48302 (company) — principal executive offices address
FAQ
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant as specified in its charter is Penske Automotive Group, Inc.
On what date was the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is January 17, 2024.
What is the trading symbol for Penske Automotive Group, Inc. and on which exchange is it registered?
The trading symbol for Penske Automotive Group, Inc. is PAG, and it is registered on the New York Stock Exchange.
What is the state or other jurisdiction of incorporation for Penske Automotive Group, Inc.?
Penske Automotive Group, Inc. is incorporated in Delaware.
What items of information are included in this 8-K filing?
This 8-K filing includes 'Other Events' and 'Financial Statements and Exhibits' under Item Information.
Filing Stats: 441 words · 2 min read · ~1 pages · Grade level 9.8 · Accepted 2024-01-17 16:16:55
Key Financial Figures
- $0.0001 — istered Voting Common Stock, par value $0.0001 per share PAG New York Stock Exchange
- $0.87 — d a quarterly dividend in the amount of $0.87 per share, payable on March 1, 2024 to
Filing Documents
- pag-20240117.htm (8-K) — 29KB
- pr-penskeautomotivedividen.htm (EX-99.1) — 13KB
- image_0a.jpg (GRAPHIC) — 185KB
- 0001019849-24-000007.txt ( ) — 424KB
- pag-20240117.xsd (EX-101.SCH) — 2KB
- pag-20240117_lab.xml (EX-101.LAB) — 23KB
- pag-20240117_pre.xml (EX-101.PRE) — 12KB
- pag-20240117_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events On January 17, 2024, Penske Automotive Group, Inc. announced that its Board of Directors declared a quarterly dividend in the amount of $0.87 per share, payable on March 1, 2024 to shareholders of record as of February 15, 2024. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Index Exhibit No. Description 99.1 Press Release. 104 Cover Page Interactive Data File (formatted as inline XBRL).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Penske Automotive Group, Inc. January 17, 2024 By: /s/ Shane M. Spradlin Name: Shane M. Spradlin Title: Executive Vice President