- Lithia Motors Inc (NYSE:LAD) announced an increase of $750 million to its share repurchase authorization by its Board of Directors.
- The new plan brings total funds available for future repurchases to approximately $885 million.
- The company also completed the inaugural Asset-Backed Securities (ABS) offering for Driveway Finance, raising $344 million of additional capital to fund the rapid growth of its auto loan portfolio and network development.
- Lithia Motors held $137.8 million in cash and equivalents as of September 30, 2021. Net cash provided by operating activities for the nine months totaled $1.9 billion.
- Price Action: LAD shares are trading higher by 1.77% at $288.65 on the last check Tuesday.
Creatd To Launch Vocal’s Android App Next Month, Ahead Of Expectations
Creatd, Inc. (Nasdaq CM: CRTD) ("Creatd" or the "Company"), today announced that, following last week's successful wide release of the Vocal mobile app for iOS, the Company will roll out the app
