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Penske Automotive Reports Record Results

Penske Automotive Reports Record Results News provided by Share this article Penske Automotive Group logo. (PRNewsFoto/Penske Automotive Group) BLOOMFIELD HILLS, Mich., Feb. 10, 2021 /PRNewswire/ Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company, today announced fourth quarter and full year 2020 results. For the three months ended December 31, 2020, the company reported a 97% increase in income from continuing operations attributable to common shareholders to $200.1 million, and a 99% increase in related earnings per share to $2.49. This compares to income from continuing operations attributable to common shareholders of $101.6 million, or $1.25 per share in the prior year. Fourth quarter income from continuing operations and related earnings per share include a net benefit of $0.2 million, related to a gain on dealership sales, partially offset by a loss on debt extinguishment and U.S. and foreign tax legislation changes. Ex

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Penske Automotive Group To Host Fourth Quarter 2020 Results Conference Call

Penske Automotive Group To Host Fourth Quarter 2020 Results Conference Call News provided by Share this article Share this article BLOOMFIELD HILLS, Mich., Jan. 27, 2021 /PRNewswire/ Penske Automotive Group, Inc. (NYSE: PAG), an international transportation services company, will host its fourth quarter 2020 financial results conference call as follows: WHEN: PHONE: Note: Callers should dial in 5-10 minutes before the call begins. The call will follow the release that morning of fourth quarter 2020 earnings for Penske Automotive Group and will be simultaneously broadcast over the Internet. This simultaneous webcast may be accessed through the Investors section on the Penske Automotive Group website at www.penskeautomotive.com.

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Penske Automotive Group Increases Dividend

Penske Automotive Group Increases Dividend News provided by Share this article Share this article BLOOMFIELD HILLS, Mich., Jan. 26, 2021 /PRNewswire/ Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company, today announced that its Board of Directors has increased the Company s dividend to $0.43 per share. The dividend is payable on March 1, 2021, to shareholders of record on February 10, 2021. Commenting on the dividend, President Robert K. Kurnick said, I am pleased to announce an increase in the quarterly dividend. With this increase, the annualized dividend is $1.72 per share and represents a yield of 2.7%, the highest in our peer group. Our business and cash flow remain strong despite the Covid-19 pandemic, as the actions we took to mitigate its impact continue to provide operational benefits.

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Technavio Research: Global Used Trucks Market- Featuring AB Volvo, Daimler AG, MAN SE, among others

Technavio Research: Global Used Trucks Market- Featuring AB Volvo, Daimler AG, MAN SE, among others This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201223005446/en/ Technavio has announced its latest market research report titled Global Used Trucks Market 2020-2024 (Graphic: Business Wire) Worried about the impact of COVID-19 on your Business? Here is an Exclusive report talking about Market scenarios, Estimates, the impact of lockdown, and Customer Behaviour. Get FREE Sample Report in Minutes! The report on the used trucks market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

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Global Used Trucks Market- Featuring AB Volvo, Daimler AG, MAN SE, among others

Global Used Trucks Market- Featuring AB Volvo, Daimler AG, MAN SE, among others
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