Lithia's headquarters are located at 150 N. Bartlett Street, Medford, Oregon 97501-5892.
Q3 - Where is Lithia traded and what is its ticker symbol?
Lithia trades on the New York Stock Exchange (NYSE) under the ticker symbol LAD.
Q4 - When did Lithia begin its operations?
Lithia was founded in 1946 in Ashland, Oregon, and has over 70 years of operating history.
Q5 - How many employees does Lithia have?
As of December 31, 2020, we employed approximately 14,538 persons on a full-time equivalent basis.
Q6 - What is Lithia's fiscal year?
Lithia's fiscal year follows the calendar year. Lithia's first quarter ends March 31, second quarter ends June 30, third quarter ends September 30, and its fourth quarter ends December 31.
Q7 -When did Lithia complete its initial public offering and what was the offering price?
Lithia completed its initial public offering on December 18, 1996. The initial offering of 2,500,000 shares was priced at $11.00 per share.
Q8 - When has Lithia completed share offerings and what was the composition of the shares sold?
Lithia completed its secondary offering on May 1, 1998 . The offering consisted of 3,000,000 shares sold by the Company at $14.50. A third offering of shares was completed on February 25, 2002. The offering consisted of 4,500,000 shares sold by the Company at $18.25. A fourth offering of shares was completed on October 5, 2009. The offering consisted of 4,600,000 shares sold by the Company at $10.00. Further offerings of 3,659,091 shares at $220 per share and 3,571,428 shares at $322 per share were completed in October 2020 and May 2021, respectively.
Q9 - How many shares of common stock does Lithia have outstanding?
As of October 25, 2019, Lithia has 22,644,997 Class A Shares and 600,000 Class B Shares.
Q10 - Does Lithia have a Direct Stock Purchase Plan?
No, Lithia does not presently offer a Direct Stock Purchase Plan. If you would like to purchase shares in Lithia Motors, Inc., please contact your broker.
Q11 - Does Lithia pay a dividend?
Yes, Lithia declared a dividend for the first quarter of 2021 of $0.35 per share.