Global Partners News

WALTHAM, Mass.–(BUSINESS WIRE)–
Global Partners LP (NYSE: GLP) (“Global Partners” or the “Partnership”) announced today that the Board of Directors of the general partner (the “General Partner”) authorized the General Partner to repurchase up to 250,000 of the Partnership’s common units from time to time, in one or more open-market transactions, including block trades, or in privately negotiated transactions.

Partnership withdraws 2020 EBITDA guidance

WALTHAM, Mass.–(BUSINESS WIRE)–
Global Partners LP (NYSE: GLP) today reported financial results for the first quarter ended March 31, 2020.

“In the face of the COVID-19 crisis, we continue to provide essential products and services while prioritizing the safety and well-being of our employees, guests and customers at our retail locations and fuel terminals,” said Eric Slifka, President and CEO of Global Partners.

WALTHAM, Mass.–(BUSINESS WIRE)–
Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.39375 per unit ($1.5750 per unit on an annualized basis) on all of its outstanding common units for the period from January 1 to March 31, 2020.

WALTHAM, Mass.–(BUSINESS WIRE)–
Global Partners LP (NYSE: GLP) today announced that it will release its first-quarter 2020 financial results before the market opens on Friday, May 8, 2020, and host a conference call that morning for investors and analysts.

The call also will be webcast live and archived on the Investor Relations section of the Global Partners website, https://ir.globalp.com

WALTHAM, Mass.–(BUSINESS WIRE)–
Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.609375 per unit ($2.4375 per unit on an annualized basis) on the Partnership’s Series A preferred units for the period from February 15, 2020 through May 14, 2020.