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Penske Automotive Group Inc (PAG.N)

PAG.N on New York Stock Exchange

49.33USD
19 Jul 2018
Change (% chg)

$0.36 (+0.74%)
Prev Close
$48.97
Open
$48.98
Day's High
$49.51
Day's Low
$48.94
Volume
78,815
Avg. Vol
104,109
52-wk High
$54.76
52-wk Low
$38.35

Latest Key Developments (Source: Significant Developments)

Penske Automotive Increases Dividend
Wednesday, 18 Jul 2018 

July 18 (Reuters) - Penske Automotive Group Inc ::PENSKE AUTOMOTIVE INCREASES DIVIDEND.SETS QUARTERLY CASH DIVIDEND OF $0.36 PER SHARE.  Full Article

Penske Automotive Increases Dividend
Thursday, 10 May 2018 

May 10 (Reuters) - Penske Automotive Group Inc ::PENSKE AUTOMOTIVE INCREASES DIVIDEND.SETS QUARTERLY CASH DIVIDEND OF $0.35PER SHARE.  Full Article

Penske Automotive Q1 Earnings Per Share $1.26 From Continuing Operations
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Penske Automotive Group Inc ::PENSKE AUTOMOTIVE REPORTS RECORD FIRST QUARTER RESULTS.Q1 REVENUE $5.7 BILLION VERSUS I/B/E/S VIEW $5.31 BILLION.Q1 EARNINGS PER SHARE $1.26 FROM CONTINUING OPERATIONS.Q1 EARNINGS PER SHARE VIEW $1.13 -- THOMSON REUTERS I/B/E/S.SETS QUARTERLY DIVIDEND OF $0.34PER SHARE.QTRLY TOTAL AUTOMOTIVE RETAIL UNIT VOLUME INCREASED 6.4%.QTRLY AUTOMOTIVE RETAIL SAME-STORE RETAIL UNIT SALES UP 0.4%.  Full Article

Penske Automotive Signs Agreement To Acquire Car People, A U.K. Used Vehicle Supermarket Group
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Penske Automotive Group Inc ::PENSKE AUTOMOTIVE EXPANDS PRESENCE IN THE UNITED KINGDOM.PENSKE AUTOMOTIVE - SIGNS AGREEMENT TO ACQUIRE CAR PEOPLE, A U.K. USED VEHICLE SUPERMARKET GROUP.PENSKE AUTOMOTIVE GROUP INC - ESTIMATED ACCRETION IS EXPECTED TO BE BETWEEN $0.05 TO $0.07 PER SHARE ON AN ANNUALIZED BASIS FROM DEAL.PENSKE AUTOMOTIVE GROUP INC - ‍CAR PEOPLE IS EXPECTED TO GENERATE ESTIMATED ANNUALIZED REVENUE OF APPROXIMATELY $300 MILLION​.  Full Article

Penske Automotive reports Q3 earnings per share of $1.10
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Penske Automotive Group Inc -:Penske Automotive reports record third quarter results.Q3 earnings per share $1.10 from continuing operations.Q3 revenue $5.5 billion versus I/B/E/S view $5.31 billion.Q3 earnings per share view $1.08 -- Thomson Reuters I/B/E/S.‍Increases securities repurchase authorization to $200 million​.During Q3, operations in certain markets disrupted by several hurricanes which impacted ability to sell and service vehicles​.Qtrly ‍retail unit sales increased 9.9 pct to 130,257​ units.Qtrly ‍same-store retail revenue down 1 pct​.Qtrly ‍same-store retail unit sales decreased 2.9 pct to 114,941​ units.  Full Article

Penske Automotive sets qtrly cash dividend of $0.33 per share
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Penske Automotive Group Inc : :Penske Automotive increases dividend.Sets quarterly cash dividend of $0.33per share.Penske Automotive Group Inc - ‍announced that its board of directors has approved an increase in cash dividend to $0.33 per share for Q3 of 2017​.  Full Article

Penske Automotive expands presence in Northern Italy with acquisition of 6 franchises
Monday, 3 Oct 2016 

Penske Automotive Group Inc : Franchises are located in strategic Northern Italian market area of Bologna . Acquired dealerships are expected to generate approximately $200 million in revenue on an annualized basis .Has expanded its presence in Northern Italy with acquisition of six franchises.  Full Article

Penske Automotive Group reports purchase of 100,000 shares of co's common stock on Aug 18 at average price of $42.85/share
Tuesday, 23 Aug 2016 

Penske Automotive Group : Penske corp reports purchase of 100,000 shares of co's common stock on Aug 18 at average price of $42.85/share - SEC filing . Penske corp reports open market purchase of 100,000 shares of co's common stock at average price of $42.53per share on Aug 19 .Penske corp reports open market purchase of 100,000 shares of co's common stock at average price of $42.28per share on Aug 22.  Full Article

BRIEF-Penske Automotive Increases Dividend

* SETS QUARTERLY CASH DIVIDEND OF $0.35PER SHARE Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)