Penske Automotive Group Inc（PAG）のニュースとイベントPAGPenske Automotive Group Inc

Penske Automotive Forms Special Committee to Review Acquisition Proposal

Penske Automotive Group announced that the special committee of independent and disinterested directors of the company's Board of Directors has retained Moelis & Company LLC to act as its independent financial advisor and Paul, Weiss, Rifkind, Wharton & Garrison LLP to act as its independent legal counsel. As previously announced, the Board established the Special Committee to review and consider the unsolicited, preliminary and non-binding proposal received by the Board on July 22, 2026 from Penske Corporation and Mitsui & Co., Ltd. to acquire the remaining shares of the company's common stock that they and their affiliates do not currently own for cash consideration of $210 per share.

Penske Automotive Announces Quarterly Dividend Increase to $1.44

Penske Automotive announced that its board of directors has approved a quarterly dividend of $1.44 per share, an increase of 1.4%, bringing the annualized dividend to $5.76 per share. This represents the Company's 23rd consecutive quarterly dividend increase. The dividend is payable September 1 to shareholders of record as of August 14.

Penske Automotive Receives Acquisition Proposal at $210 per Share

Penske Automotive (PAG) received an unsolicited, preliminary and non-binding proposal from Penske Corporation and Mitsui & Co (MITSY) to acquire the remaining shares of the company's common stock that they and their affiliates do not currently own for cash consideration of $210 per share. PC and Mitsui and their affiliates currently beneficially own collectively 72.6% of the company's outstanding common stock. The Board has established a special committee comprised of disinterested and independent directors to review and consider the Proposal. The company does not intend to comment further or disclose any developments regarding the Proposal unless and until it deems further disclosure is appropriate or required.