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Penske Automotive Group Inc (PAG.N)

PAG.N on New York Stock Exchange

39.55USD
18 Dec 2018
Change (% chg)

$-0.08 (-0.20%)
Prev Close
$39.63
Open
$40.00
Day's High
$40.56
Day's Low
$39.38
Volume
92,056
Avg. Vol
105,149
52-wk High
$54.76
52-wk Low
$38.50

Latest Key Developments (Source: Significant Developments)

Penske Automotive Group Inc - Amended and restated revolving credit agreement - SEC Filing
Monday, 17 Dec 2018 04:38pm EST 

Dec 17 (Reuters) - Penske Automotive Group Inc ::PENSKE AUTOMOTIVE GROUP INC - ON DECEMBER 12, 2018, AMENDED AND RESTATED REVOLVING CREDIT AGREEMENT - SEC FILING.PENSKE AUTOMOTIVE GROUP- AMENDED REVOLVING CREDIT AGREEMENT PRINCIPALLY TO EXTEND FACILITY FOR 5 YEARS THROUGH DEC 12, 2023 ( U.K. CREDIT AGREEMENT).PENSKE AUTOMOTIVE GROUP INC - AMENDED, U.K. CREDIT AGREEMENT PROVIDES UP TO A £150.0 MILLION REVOLVING LINE OF CREDIT.PENSKE AUTOMOTIVE GROUP INC - AS AMENDED, U.K. CREDIT AGREEMENT ALSO PROVIDES UP TO AN ADDITIONAL £52.0 MILLION OF DEMAND OVERDRAFT LINES OF CREDIT.  Full Article

Penske Automotive Q3 Earnings Per Share $1.53
Thursday, 25 Oct 2018 06:59am EDT 

Oct 25 (Reuters) - Penske Automotive Group Inc ::PENSKE AUTOMOTIVE REPORTS RECORD THIRD QUARTER 2018 RESULTS.Q3 REVENUE $5.7 BILLION VERSUS I/B/E/S VIEW $5.83 BILLION.Q3 ADJUSTED EARNINGS PER SHARE $1.40 FROM CONTINUING OPERATIONS.Q3 EARNINGS PER SHARE $1.53 FROM CONTINUING OPERATIONS.Q3 EARNINGS PER SHARE $1.53.Q3 EARNINGS PER SHARE VIEW $1.36 -- THOMSON REUTERS I/B/E/S.QTRLY SAME-STORE RETAIL REVENUE UP 0.2%.Q3 NEW UNIT RETAIL SALES -6.6%.Q3 USED UNIT RETAIL SALES +2.1%.  Full Article

Penske Automotive Increases Dividend
Wednesday, 18 Jul 2018 08:48am EDT 

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 07:35am EDT 

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 06:59am EDT 

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 06:59am EST 

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 06:59am EDT 

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 07:52am EDT 

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

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Auto group says Tesla's China sales plunge; company's shares slide

BEIJING/SHANGHAI Tesla Inc's vehicle sales in China sank 70 percent last month from a year ago, the country's passenger car association told Reuters on Tuesday, underscoring how the Sino-U.S. trade war is hurting the U.S. electric carmaker.