Press Releases

Date Title and Summary Additional Formats
Toggle Summary Credit Acceptance Announces Modified Dutch Auction Tender Offer
SOUTHFIELD, Mich., Nov 26, 2003 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) today announced that it has commenced a modified dutch auction tender offer to purchase up to 2,600,000 of its outstanding common stock at a price per share of $12.50 to $17.00.
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Toggle Summary Credit Acceptance Corporation Announces Preliminary Results of Its Modified Dutch Auction Tender Offer
SOUTHFIELD, Mich., Jan 7, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) today announced the preliminary results of its modified Dutch auction tender offer, which expired at 5:00 p.m. on January 6, 2004. Credit Acceptance commenced the tender offer on November 26, 2003 to
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Toggle Summary Credit Acceptance Corporation Announces Final Results of Its Modified Dutch Auction Tender Offer
SOUTHFIELD, Mich., Jan 13, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) today announced the final results of its modified dutch auction tender offer, which expired at 5:00 p.m. Eastern Standard Time, on January 6, 2004. Based on the final count by Computershare Trust Company
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Toggle Summary Credit Acceptance Announces 4th Quarter Earnings and 2003 Earnings
SOUTHFIELD, Mich., Jan 28, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) Credit Acceptance Corporation (the "Company") announced consolidated net income for the three months ended December 31, 2003 of $9,762,000 or $0.22 per diluted share compared to $5,090,000 or $0.12 per
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Toggle Summary Credit Acceptance Corporation Announces Expansion of Stock Repurchase Program and Addition to Board of Directors
SOUTHFIELD, Mich., Mar 10, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) announced today that its Board of Directors has authorized a 1.0 million share increase in its stock repurchase program. Through March 9, 2004, a total of 8.1 million common shares had been purchased
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Toggle Summary Credit Acceptance Postpones Filing of First Quarter Form 10-Q
SOUTHFIELD, Mich., May 10, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) Credit Acceptance Corporation (the "Company") announced today that it is filing a Form 12b-25 with the Securities and Exchange Commission to extend the filing date of its quarterly report on Form 10-Q for
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Toggle Summary Credit Acceptance Announces 1st Quarter Earnings
SOUTHFIELD, Mich., May 14, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) Credit Acceptance Corporation (the "Company") announced consolidated net income for the three months ended March 31, 2004 of $1,530,000 or $0.04 per diluted share compared to $8,593,000 or $0.20 per
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Toggle Summary Credit Acceptance Corporation Announces Appointment of Chief Accounting Officer and Treasurer
SOUTHFIELD, Mich., May 19, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) (the "Company") today announced the appointment of Kenneth S. Booth to the newly created position of Chief Accounting Officer. Mr. Booth will report to Brett A.
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Toggle Summary Credit Acceptance Corporation Extends Maturity of $135,000,000 Revolving Credit Agreement
SOUTHFIELD, Mich., Jun 9, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) Credit Acceptance announced today that it has extended the maturity of its $135 million credit agreement with a group of commercial banks from June 9, 2005 until June 9, 2006.
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Toggle Summary Credit Acceptance Announces 2nd Quarter Earnings
SOUTHFIELD, Mich., Aug 4, 2004 (BUSINESS WIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) Credit Acceptance Corporation (the "Company") announced consolidated net income for the three months ended June 30, 2004 of $12,606,000 or $0.30 per diluted share compared to $1,008,000 or $0.02 per
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