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Group 1 Automotive Board Approves Increase to 2023 Dividend Rate and Declares Quarterly Dividend

PR Newswire - Tue Feb 14, 2023

HOUSTON, Feb. 14, 2023 /PRNewswire/ -- Group 1 Automotive, Inc.(NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 204 dealerships located in the U.S. and U.K., today announced its board of directors has approved an increase in the 2023 annual dividend rate to $1.80 per share.  This increase represents a 20%, or $0.30, increase over 2022's annual dividend of $1.50 per share.  Consistent with this increase, the board of directors declared a $0.45 dividend per share that will be payable on March 15, 2023, to stockholders of record as of March 1, 2023.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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