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News Breaks | | | | December 4, 2012 | | 17:29 EDT |  | ABG | Asbury 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. | |
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