Penske spent a total of $677,000 lobbying the US federal government over the 5-year period ending December 31, 2022. Here is a yearly breakdown of this spending.

These numbers are for US federal government lobbying expenditures only. Corporations are ranked by average annual lobbying expenditures. See the Methodology section of this report for more details on how Spendwell ranks corporate lobbying.

Penske spent a total of $0 repurchasing its own stock over the 5-year period ending December 31, 2021. Here is a yearly breakdown of this spending.

Until the 1980s in the United States, stock buybacks were considered a form of insider self-dealing and were illegal. Today, these buybacks largely shift corporate profits to insiders and institutional shareholders while avoiding tax obligations associated with paying out corporate profits as dividends. Corporations are ranked here by total stock buyback expenditures over the most recent 5 year period. See the Methodology section of this report for more details on how Spendwell ranks corporate stock repurchases.