Penske Automotive Group Inc (PAG) 13F Filings: Institutional Buyers & Sellers (Q2 2026)

Penske Automotive Group (PAG) announced on August 10 that a special committee of independent, disinterested directors has hired Moelis & Company as its independent financial advisor and Paul Weiss as independent legal counsel. The committee is reviewing an unsolicited, preliminary, non-binding proposal from Penske Corporation and Mitsui & Co. to buy the remaining shares of PAG's common stock that they and their affiliates do not already own, for $210 per share in cash. The company cautioned that there is no assurance any agreement will be reached or what the terms would be.

AI summary pending

On July 23, 2026, Penske Automotive Group (PAG) announced that its Board of Directors declared a quarterly dividend of $1.44 per share. The dividend is payable on September 1, 2026 to shareholders of record as of August 14, 2026. This is a routine dividend declaration with no other material events disclosed.

Penske Automotive Group (PAG) disclosed in an 8-K filing that its board has received an unsolicited, preliminary, and non-binding proposal from Penske Corporation and Mitsui to acquire the remaining shares of common stock they do not already own for $210 per share in cash. The two entities collectively hold 72.6% of PAG’s outstanding common stock. The board has formed a special committee of independent directors to review the proposal, and there is no assurance any deal will be reached. Shareholders need not take any action at this time.