Lkq corp director Zarcone sells shares price $184,215

On January 2, 2025, Dominick P. Zarcone, a director at LKQ Corp (NASDAQ:LKQ), executed a sale of 5,000 shares of frequent inventory. The shares have been bought at a weighted common worth of $36.843, producing a complete of $184,215. Following this transaction, Zarcone holds 374,462.03 shares immediately. Moreover, there are 1,600 shares held not directly by Zarcone’s spouse. The worth vary for the transaction was between $36.81 and $36.90.The transaction happens as LKQ trades close to its 52-week low of $35.57, with the inventory down roughly 20% over the previous 12 months. InvestingPro evaluation signifies the inventory is at present undervalued, supported by stable fundamentals together with a wholesome present ratio of 1.72 and a P/E ratio of 13.5. In keeping with InvestingPro, there are 6 extra key insights out there for LKQ Corp, together with a complete Professional Analysis Report that gives deep-dive evaluation of the corporate’s monetary well being and progress prospects.

In different latest information, LKQ Company skilled a cyber incident at its Canadian unit, resulting in operational disruptions. The corporate swiftly initiated restoration efforts and engaged with forensic investigators to mitigate the influence. Regardless of the incident, LKQ Corp doesn’t foresee a major influence on its monetary well being or operational outcomes for the fiscal 12 months.

Along with this, LKQ Company confronted operational hurdles because of short-term location closures attributable to Hurricanes Helene and Milton. Regardless of these challenges, the corporate elevated its share repurchase program by $1 billion, demonstrating its dedication to shareholder returns. The corporate’s North American and specialty segments noticed a decline in natural income, whereas the European phase carried out solidly.

LKQ Company additionally revised its full-year steerage and its Code of Ethics, additional enhancing its dedication to sustainability and company conduct. The corporate repurchased 3 million shares for $125 million and plans a $0.30 per share dividend in November. These are among the many latest developments impacting LKQ Company.

This text was generated with the assist of AI and reviewed by an editor. For extra data see our T&C.