LITHIA MOTORS INC
For the period ended Jun 30, 2024. Filed Aug 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 8, 2024
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Unregistered Sales of Equity Securities and Use of Proceeds
We repurchased the following shares of our common stock during the second quarter of 2024:
| For the full calendar month of | Total number of shares purchased2 | Average price paid per share | Total number of shares purchased as part of publicly announced plans1 | Maximum dollar value of shares that may yet be purchased under publicly announced plan (in thousands)1 |
|---|---|---|---|---|
| April | 248,769 | $256.73 | 248,759 | $403,132 |
| May | 360,820 | 256.57 | 360,734 | 310,580 |
| June | 179,281 | 254.96 | 179,076 | 614,923 |
| Total | 788,870 | 256.25 | 788,569 |
1 On June 4, 2024, our Board of Directors approved an additional $350 million repurchase authorization of our common stock. This authorization was in addition to the amount previously authorized by the Board for repurchase. There is no expiration date for this share repurchase authorization.
2 Of the shares repurchased in the second quarter of 2024,301 shares were related to tax withholding upon the vesting of RSUs.
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