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Stock Market & Financial Investment News

News Breaks
December 4, 2012
17:29 EDTABGAsbury Automotive approves $50M repurchase program
Asbury Automotive Group announced that its board of directors has authorized the repurchase of up to $50M of the Company's common stock. The repurchases may be made in open market transactions. The Company's new stock repurchase program replaces, effective January 1, 2013, its expiring $47.4M program authorized in December 2011, under which the Company has repurchased $21M of shares since January.
News For ABG From The Last 14 Days
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December 16, 2014
16:32 EDTABGAsbury Automotive acquires new Ford store in Texas
Asbury Automotive Group announce that it has acquired Texas Motors Ford. The Ford dealership generates approximately $140M in revenues annually. The new dealership will be rebranded David McDavid Ford Fort Worth and brings the number of Asbury stores in Texas to 7. The newly acquired store is located at 300 West Loop 820 South in Fort Worth. For years, the Ford store has excelled in providing quality sales and service to customers in the Fort Worth area with a huge inventory of new, pre-owned and fleet/commercial vehicles.
December 8, 2014
16:37 EDTABGAsbury Automotive acquires new Ford store in GA
Asbury Automotive announced that it has acquired Sandy Springs Ford. The Ford dealership generates approximately $110M in revenues annually. The dealership has been rebranded Nalley Ford Sandy Springs and brings the number of Asbury stores in Georgia to 16.

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