LITHIA MOTORS INC
For the period ended Mar 31, 2025. Filed Apr 24, 2025.
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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.
Mar 31, 2025 · Filed Apr 24, 2025
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Unregistered Sales of Equity Securities and Use of Proceeds
We repurchased the following shares of our common stock during thefirst quarter of 2025:
| 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 plans (in thousands)1 |
|---|---|---|---|---|
| January | 79,051 | $350.92 | 42,759 | $454,251 |
| February | 151,800 | 365.37 | 151,800 | 398,789 |
| March | 208,947 | 294.35 | 208,861 | 687,314 |
| Total | 439,798 | 329.03 | 403,420 |
1 On June 4, 2024, our Board approved an additional $350 million repurchase authorization of our common stock and in
February 2025, our Board again approved an additional $350 million repurchase authorization of our common stock. These
authorizations were in addition to the amount previously authorized by the Board for repurchase. There are no expiration
dates for the share repurchase authorizations.
2 Of the shares repurchased in thefirst quarter of 2025,36,378 shares were related to tax withholding upon the vesting of
RSUs.
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