Allison Transmission Announces 8% Increase to Quarterly Dividend, $1 Billion Increase to Stock Repurchase Authorization and the Annual Stockholders Meeting and Record Date
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Allison Transmission Holdings Inc. announced an 8% increase in its quarterly dividend and a $1 billion increase in its stock repurchase authorization. The company will pay a $0.27 per share dividend on March 14, 2025, to stockholders of record on March 3, 2025.
February 20, 2025 | 9:15 pm
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Allison Transmission has increased its quarterly dividend by 8% and expanded its stock repurchase authorization by $1 billion, signaling strong financial health and commitment to returning value to shareholders.
The increase in dividend and stock repurchase authorization indicates Allison Transmission's strong financial position and commitment to shareholder returns. This is likely to positively impact the stock price in the short term as it reflects confidence in future earnings and cash flow.
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