Group 1 Automotive Files 8-K Report
Ticker: GPI · Form: 8-K · Filed: 2024-11-13T00:00:00.000Z
Sentiment: neutral
Topics: sec-filing, 8-k, regulatory
Related Tickers: GPI
TL;DR
GPI filed an 8-K on 11/13 for events on 11/12 - check for details.
AI Summary
On November 12, 2024, Group 1 Automotive, Inc. filed an 8-K report. The filing primarily concerns "Other Events" and "Financial Statements and Exhibits," with no specific material events detailed in the provided excerpt. The report was filed on November 13, 2024, and pertains to the company's operations as of November 12, 2024.
Why It Matters
This 8-K filing indicates that Group 1 Automotive is making a regulatory submission to the SEC, which could contain important updates for investors regarding the company's financial status or other material events.
Risk Assessment
Risk Level: low — The provided excerpt is a standard 8-K filing notification and does not contain specific financial or operational details that would indicate a change in risk.
Key Numbers
- 76-0506313 — IRS Number (Identifies the company for tax purposes)
- 1-13461 — SEC File Number (Identifies the company's SEC filing history)
Key Players & Entities
- Group 1 Automotive, Inc. (company) — Registrant
- 0001031203-24-000075 (filing_id) — Accession Number
- November 12, 2024 (date) — Date of earliest event reported
- November 13, 2024 (date) — Filing 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 excerpt does not detail the specific "Other Events" being reported; it only lists the item category.
Are there any new "Financial Statements and Exhibits" being filed with this 8-K?
The excerpt indicates that "Financial Statements and Exhibits" are part of the filing, but does not specify their content or nature.
What is the principal executive office address for Group 1 Automotive, Inc.?
The principal executive offices are located at 800 Gessner, Suite 500, Houston, Texas 77024.
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated November 12, 2024.
What is the SIC code for Group 1 Automotive, Inc.?
The Standard Industrial Classification (SIC) code for Group 1 Automotive, Inc. is 5500, which corresponds to RETAIL-AUTO DEALERS & GASOLINE STATIONS.
Filing Stats: 520 words · 2 min read · ~2 pages · Grade level 9.9 · Accepted 2024-11-13 11:06:50
Key Financial Figures
- $0.01 — ich registered Common stock, par value $0.01 per share GPI New York Stock Exchange
- $333 million — stock share repurchase authorization by $333 million to $500 million. Purchases may be made
- $500 million — rchase authorization by $333 million to $500 million. Purchases may be made from time to tim
- $0.47 — f Directors approved a cash dividend of $0.47 per share for the third quarter of 2024
Filing Documents
- gpi-20241112.htm (8-K) — 27KB
- exhibit991-111224.htm (EX-99.1) — 15KB
- image_0.jpg (GRAPHIC) — 3KB
- 0001031203-24-000075.txt ( ) — 174KB
- gpi-20241112.xsd (EX-101.SCH) — 2KB
- gpi-20241112_lab.xml (EX-101.LAB) — 22KB
- gpi-20241112_pre.xml (EX-101.PRE) — 13KB
- gpi-20241112_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On November 12, 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 $333 million to $500 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 third quarter of 2024, payable on December 16, 2024, to stockholders of record as of December 2, 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 November 12, 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: November 13, 2024 By: /s/ Gillian A. Hobson Name: Gillian A. Hobson Title: Senior Vice President