FORT WORTH, Texas, Aug. 28, 2007, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- AMERICREDIT
CORP. (NYSE: ACF) announced today it has filed a Form 4 with the U.S.
Securities and Exchange Commission that indicates Clifton H. Morris, Jr.,
chairman of the board of directors, has purchased 168,000 shares of the
company's stock. The shares were purchased yesterday at a cost-per-share of
$16.95 and a total cost of $2.85 million. Morris now has direct and indirect
ownership of 1,502,210 shares of AmeriCredit common stock.
AmeriCredit Corp. is a leading independent automobile finance company that
provides financing solutions indirectly through auto dealers and directly to
consumers in the United States and Canada. AmeriCredit has over one million
customers and approximately $16 billion in managed auto receivables. The
Company was founded in 1992 and is headquartered in Fort Worth, Texas. For
more information, visit http://www.americredit.com.
Investor Relations Media Relations
Caitlin DeYoung John Hoffmann
(817) 302-7394 (817) 302-7627
SOURCE AmeriCredit Corp.