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GM: dividend increase and share buyback program
(CercleFinance.com) - General Motors (GM) reports that its Board of Directors has approved a $0.
03-per-share increase in its quarterly dividend, to $0.15 per share, effective with the next payment to be declared in April. The automaker also announced a new $6bn share repurchase authorization, a program with no expiry date and which can be suspended or terminated at any time at GM's discretion. GM has entered into an accelerated share repurchase (ASR) agreement to execute $2bn of this authorization. Implemented by Barclays and JP Morgan, this ASR is expected to close in Q2 2025. Copyright (c) 2025 CercleFinance.com. All rights reserved. |
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