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AutoNation Board Authorizes Additional $1 Billion for Share Repurchase
Prnewswire· 2025-10-31 13:15
Core Points - AutoNation, Inc. has authorized an additional $1 billion for share repurchase, reflecting confidence in its performance and long-term strategy [1][2] - Year-to-date, AutoNation has repurchased 3.0 million shares for a total of $576 million, averaging $189 per share, and has approximately $1.28 billion remaining for future repurchases [2] - The company has reduced its outstanding shares by 8% since December 31, 2024, with approximately 36 million shares outstanding as of October 30, 2025 [2] Financial Performance - AutoNation reported third quarter 2025 revenue of $7.0 billion, marking a 7% increase compared to the same period last year [7]
X @Bloomberg
Bloomberg· 2025-08-05 09:00
Production Shift Impact - Shifting automotive parts production to the US would be an expensive transition for carmakers [1] - American consumers are likely to feel the pain of this transition [1]
X @Bloomberg
Bloomberg· 2025-08-04 11:44
Industry Impact - Shifting automotive parts production to the US would be an expensive transition for carmakers [1] - American consumers are likely to feel the pain of this transition [1]