Key Developments: Penske Automotive Group Inc (PAG)

PAG on New York Consolidated

32.11USD
24 May 2013
Price Change (% chg)

$-0.09 (-0.28%)
Prev Close
$32.20
Open
$31.90
Day's High
$32.22
Day's Low
$31.60
Volume
156,100
Avg. Vol
382,749
52-wk High
$34.34
52-wk Low
$20.26

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Latest Key Developments (Source: Significant Developments)

Penske Automotive Group Inc Increases Dividend 7%
Thursday, 9 May 2013 04:02pm EDT 

Penske Automotive Group Inc announced that its Board of Directors has approved a cash dividend of $0.15 per share for the first quarter of 2013. The dividend is payable on June 3, 2013, to shareholders of record on May 20, 2013.  Full Article

Penske Automotive Group Inc Reaffirms FY 2013 Revenue Guidance-Conference Call
Monday, 29 Apr 2013 06:00pm EDT 

Penske Automotive Group Inc announced that for fiscal 2013, it continue to expects revenue growth of more than 10%. The Company reported revenue of $13.163 billion in fiscal 2012.  Full Article

Penske Automotive Group Inc Issues FY 2013 Revenue Guidance Above Analysts' Estimates-Conference Call
Wednesday, 6 Feb 2013 02:00pm EST 

Penske Automotive Group Inc announced that for fiscal 2013, it expects revenue growth of more than 10%. The Company reported revenue of $13.163 billion in fiscal 2012. According to I/B/E/S estimates, analysts were expecting the Company to report revenue of $14.302 billion for fiscal 2013.  Full Article

Penske Automotive Group Inc Increases Dividend 7.7%
Tuesday, 29 Jan 2013 08:03am EST 

Penske Automotive Group Inc announced that its Board of Directors has approved a cash dividend of $0.14 per share for the fourth quarter of 2012. The dividend is payable on March 1, 2013, to shareholders of record on February 11, 2013.  Full Article

Penske Automotive Group Inc Increases Dividend 8.3%
Thursday, 18 Oct 2012 04:31pm EDT 

Penske Automotive Group Inc announced that its Board of Directors has approved a cash dividend of $0.13 per share for the third quarter of 2012. The dividend is payable on December 3, 2012, to shareholders of record on November 12, 2012.  Full Article

Penske Automotive Group Inc Acquires BMW/MINI Dealerships
Tuesday, 9 Oct 2012 08:32am EDT 

Penske Automotive Group Inc announced that the Company has acquired Savage BMW/MINI of Ontario, located in Ontario, California. The Savage dealerships are located in the Ontario Auto Mall in Ontario, California, and operate on six acres with 48,000 square feet of facilities, 49 service bays and over 500 spaces for customer and inventory parking. Terms of the transaction were not announced.  Full Article

Penske Automotive Group Inc Increases Dividend By 9%
Thursday, 19 Jul 2012 08:28am EDT 

Penske Automotive Group Inc announced that its Board of Directors has approved a cash dividend of $0.12 per share for the second quarter of 2012. The dividend is payable on September 4, 2012, to shareholders of record on August 10, 2012.  Full Article

Penske Automotive Group Inc Increases Dividend
Thursday, 19 Apr 2012 04:03pm EDT 

Penske Automotive Group Inc announced that its Board of Directors has approved a 10% increase in the Company’s dividend to $0.11 per share. The dividend is payable on June 1, 2012, to shareholders of record on May 10, 2012.  Full Article

Penske Automotive Group Inc Declares Dividend
Tuesday, 31 Jan 2012 04:50pm EST 

Penske Automotive Group, Inc. announced that its Board of Directors has approved an 11% increase in the Company’s dividend to $0.10 per share. The dividend is payable on March 1, 2012, to shareholders of record on February 10, 2012.  Full Article

Penske Automotive Group Inc Comments On FY 2012 Revenue Guidance-Conference Call
Wednesday, 2 Nov 2011 02:00pm EDT 

Penske Automotive Group Inc announced a good pipeline coming at the Company as go into fiscal 2012, which will help on the top line growth. According to I/B/E/S estimates, analysts were expecting the Company to report revenue of $12.8 billion for fiscal 2012.  Full Article

EU mergers and takeovers (Jan 7)

BRUSSELS, Jan 7 - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

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