Group 1 Automotive Files 8-K Report
Ticker: GPI · Form: 8-K · Filed: 2024-05-09T00:00:00.000Z
Sentiment: neutral
Topics: 8-K, SEC Filing, Financials
Related Tickers: GPI
TL;DR
GPI filed an 8-K, likely financial updates. Stay tuned.
AI Summary
On May 9, 2024, Group 1 Automotive, Inc. filed an 8-K report. The filing primarily concerns "Other Events" and "Financial Statements and Exhibits," indicating updates or disclosures related to the company's financial status and business operations. No specific financial figures or new material events were detailed in the provided text snippet.
Why It Matters
This filing serves as an official notification to the SEC and investors about significant company events or financial updates, ensuring transparency in the market.
Risk Assessment
Risk Level: low — The filing is a standard disclosure document and does not inherently present new risks based on the provided information.
Key Players & Entities
- Group 1 Automotive, Inc. (company) — Registrant
- 0001031203-24-000038 (filing_id) — Accession Number
- May 9, 2024 (date) — Report Date
- 713-647-5700 (phone_number) — Registrant's telephone number
FAQ
What specific "Other Events" are being reported by Group 1 Automotive, Inc. in this 8-K filing?
The provided text snippet for the 8-K filing indicates "Other Events" as an item information, but does not specify the nature of these events.
What is the significance of filing "Financial Statements and Exhibits" in this 8-K?
Filing "Financial Statements and Exhibits" suggests that the company is providing updated financial information or related documentation as required by the SEC, though the specifics are not detailed in the snippet.
What is the company's state of incorporation and fiscal year end?
Group 1 Automotive, Inc. is incorporated in Delaware and its fiscal year ends on December 31.
What is the principal executive office address for Group 1 Automotive, Inc.?
The principal executive offices are located at 800 Gessner Road, Suite 500, Houston, Texas 77024.
What is the SEC file number for Group 1 Automotive, Inc.?
The SEC file number for Group 1 Automotive, Inc. is 001-13461.
Filing Stats: 520 words · 2 min read · ~2 pages · Grade level 9.6 · Accepted 2024-05-09 17:01:19
Key Financial Figures
- $0.01 — ich registered Common stock, par value $0.01 per share GPI New York Stock Exchange
- $161 million — stock share repurchase authorization by $161 million to $250 million. Purchases may be made
- $250 million — rchase authorization by $161 million to $250 million. Purchases may be made from time to tim
- $0.47 — f Directors approved a cash dividend of $0.47 per share for the first quarter of 2024
Filing Documents
- gpi-20240509.htm (8-K) — 27KB
- exhibit991-5924.htm (EX-99.1) — 15KB
- image_0.jpg (GRAPHIC) — 3KB
- 0001031203-24-000038.txt ( ) — 175KB
- gpi-20240509.xsd (EX-101.SCH) — 2KB
- gpi-20240509_lab.xml (EX-101.LAB) — 22KB
- gpi-20240509_pre.xml (EX-101.PRE) — 13KB
- gpi-20240509_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On May 9, 2024, Group 1 Automotive, Inc., a Delaware corporation (the "Company"), announced that its Board of Directors increased the Company's common stock share repurchase authorization by $161 million to $250 million. Purchases may be made from time to time, based on market conditions, legal requirements and other corporate considerations, in the open market or in privately negotiated transactions. In addition, the Company announced that its Board of Directors approved a cash dividend of $0.47 per share for the first quarter of 2024, payable on June 17, 2024, to stockholders of record as of June 3, 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 No. Description 99.1 Press release of Group 1 Automotive, Inc., dated as of May 9, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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, thereunto duly authorized. Group 1 Automotive, Inc. Date: May 9, 2024 By: /s/ Gillian A. Hobson Name: Gillian A. Hobson Title: Senior Vice President