Lithia & Driveway报告股票回购更新，扩大加拿大足迹

2025-12-02 18:47

Lithia & Driveway (LAD) has invested $274 million in the quarter to repurchase nearly 875,000 shares at a weighted average price of $313, representing 3.3% of outstanding shares, it said on Tuesday.
"Our share repurchases this quarter demonstrate our conviction in our resilient profitability, generative cash flows, and omnichannel model," said Bryan DeBoer, Lithia and Driveway President and CEO.
To date this year, Lithia & Driveway (LAD) has invested nearly $933 million to repurchase 2.98 million shares.
Additionally, LAD completed the acquisition of Fines Ford in the Greater Toronto Area, Canada. This strategic investment demonstrates LAD's continued ability to strengthen its network in the North American market. This store is expected to increase annualized revenue by $100 million.
This addition brings LAD's total year-to-date expected annualized revenue to $2.2 billion and was financed using existing on-balance sheet capacity.

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