UPDATE 2-Lear profit tops estimate; $800 million stock buyback set

Newswire

DETROIT, April 25 (Reuters) - Lear Corp posted a stronger-than-expected quarterly profit on Thursday and, under pressure from two shareholders, set an accelerated $800 million stock buyback program. The maker of auto seats and electrical power systems also raised its full-year production forecasts across all regions and affirmed its outlook for 2013 sales. "We were surprised by the magnitude of the upside and particularly encouraged by the margin ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Insights

Jul 26, 2016
Datasheet
WardsAuto

WardsAuto 2016 Dealer F&I 150 (PDF)

U.S. top 150 dealerships ranked by F&l revenue for 2016. Includes dealership name, owner, city, state, new vehicle units, used vehicle units, total revenue, and finance and insurance revenue....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×