LAD - Dividend announcements

MEDFORD, Ore., May 26, 2026 (GLOBE NEWSWIRE) -- Lithia & Driveway (NYSE:LAD) announced today an increase to its share repurchase authorization of $500 million to bring the current remaining authorization to $726 million. "Today's increase reflects our conviction in LAD's strategy and the regenerative cash flows of our diversified platform," said Bryan DeBoer, President and CEO. "With our uniquely diversified strategy beginning to deliver meaningfully differentiated results, our shares present a compelling opportunity at today's prices, and repurchases provide an attractive, value-accretive accelerator to our growth strategy and commitment to maximizing shareholder returns." Since March 3

MEDFORD, Ore., Sept. 3, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today announced the pricing of $600 million in aggregate principal amount of its 5.500% senior notes due 2030 (the "Notes") in a private offering (the "Private Offering"), which represents an increase of $100 million from the offering size previously announced. The Private Offering is expected to close on September 10, 2025, subject to customary closing conditions. Lithia intends to use the net proceeds of the Private Offering to repay a portion of the borrowings outstanding under its revolving lines of credit. Such amounts may be reborrowed and used for general corporate purposes, including acquisitions and working ca

MEDFORD, Ore., Sept. 3, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today announced that it intends to offer $500 million in aggregate principal amount of senior notes due 2030 (the "Notes") in a private offering (the "Private Offering") that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The Private Offering is subject to market and other conditions. Lithia intends to use the net proceeds of the Private Offering to repay a portion of the borrowings outstanding under its revolving lines of credit. Such amounts may be reborrowed and used for general corporate purposes, including acquisitions and working capital.

MEDFORD, Ore., Aug. 26, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) announced today an increase to its share repurchase authorization by its Board of Directors of $750 million, bringing total repurchase capacity to $1.08 billion. "Today's increase underscores our long-term conviction in LAD's strategy and the cash generation of our omnichannel model," said Bryan DeBoer, Lithia & Driveway President and CEO. "With the strength of our business and our shares trading below intrinsic value, repurchases are an attractive and value-accretive complement to our continued investme

MEDFORD, Ore., July 15, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD) today reported preliminary financial results for the three months ended June 30, 2025. LAD expects second quarter 2025 net income per diluted share between $9.70 and $10.00, an increase of between 23% and 27%, respectively, compared to the second quarter of 2024, significantly outpacing the market and expectations for the quarter. Key Preliminary Second Quarter 2025 Highlights: Total revenues expected to be between $9.4 billion and $9.6 billionSame store total revenue growth between 3.5% and 4.0%Financin

Total cash consideration payable increased by 42%Expected dividend to Pendragon shareholders of 24.5 pence, a 49% increaseImplied total initial value to Pendragon shareholders of 35.4 pence per Pendragon sharePreliminary commitments to Lithia from multiple major UK automotive retailers to adopt the Pinewood DMSSignificant further upside from the strategic partnership including North American JVStrategic benefits for Lithia with delivery on longer-term growth objectivesPlanned investment will be financed using existing on-balance sheet capacityMEDFORD, Ore., Oct. 2, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE:LAD, ", Lithia", ))) announced today that it has signed a revised agreement on impr

MEDFORD, Ore., April 21, 2021 /PRNewswire/ -- Lithia Motors & Driveway (NYSE:LAD) today reported the highest first quarter revenue and earnings per share in company history. First quarter 2021 revenue increased 55% to $4.3 billion from $2.8 billion in the first quarter of 2020. First quarter 2021 net income per diluted share was $5.81, a 195% increase from $1.97 per diluted share reported in the first quarter of 2020. Adjusted first quarter 2021 net income per diluted share was $5.89, an 193% increase compared to adjusted net income of $2.01 per diluted share in the same per

MEDFORD, Ore.--(BUSINESS WIRE)--Lithia Motors & Driveway (NYSE: LAD) today reported the highest fourth quarter revenue and earnings per share in company history. Fourth quarter 2020 revenue increased 21% to $3.9 billion from $3.3 billion in the fourth quarter of 2019. Fourth quarter 2020 net income per diluted share was $7.02, a 143% increase from $2.89 per diluted share reported in the fourth quarter of 2019. Adjusted fourth quarter 2020 net income per diluted share was $5.46, an 85% increase compared to adjusted net income of $2.95 per diluted share in the same period of 2019. Fourth quarter 2020 net income was $188 million, a 176% increase compared to net income of $68 milli