As Car Dealerships Disappear, Auto Nation Pulls Through [View article]
Todd.
AutoNation's share buyback is limited to roughly 50% of income. Does the GAAP loss of $1+ Billion mean they cannot repurchase shares, or is the restriction in regards to operating income and they voluntarily chose not to repurchase any?
As Car Dealerships Disappear, Auto Nation Pulls Through [View article]
AutoNation's share buyback is limited to roughly 50% of income. Does the GAAP loss of $1+ Billion mean they cannot repurchase shares, or is the restriction in regards to operating income and they voluntarily chose not to repurchase any?