Lithia & Driveway (LAD) Announces Share Repurchase Authorization Increase
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 tota...
How does LAD’s buyback size and pricing strategy compare to recent repurchase programs of peer automotive retailers and the broader market environment?
What is the timeline and anticipated cadence for the repurchase, and how does it align with the company’s cash flow and debt covenants?
How will the expanded $1.08 billion buyback program affect LAD's earnings per share dilution and valuation multiples?
2 days ago