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Lithia Motors Inc (LAD) Stock News
The latest LAD headlines and market coverage — 2 recent stories, updated throughout the day.
- GlobeNewswire Inc.·
Lithia & Driveway (LAD) Continues Strategic Network Expansion in Texas with Rockwall Hyundai Acquisition and Provides Share Repurchase Update
Lithia & Driveway announced the acquisition of Rockwall Hyundai in Texas, expected to generate $75 million in annualized revenue, bringing year-to-date acquisitions to $915 million. The company also reported repurchasing approximately 1.9 million shares year-to-date for $541 million, representing 8.1% of outstanding shares, with $580 million remaining under authorization.
- GlobeNewswire Inc.·
LANCASTER AVENUE 21ST COMMUNITY DEVELOPMENT CORPORATION RECEIVES TRUIST FOUNDATION SUPPORT TO STRENGTHEN SMALL BUSINESS INITIATIVE AND PHILADELPHIA ENTREPRENEURS
LA21-CDC received grant support from Truist Foundation to expand its Small Business Sustainability Initiative, which provides Philadelphia entrepreneurs with coaching, business systems training, capital readiness support, and AI-powered business tools to strengthen operations and build long-term sustainability.