GM board approves new share repurchase plan, including $2 billion ASR, and higher rate for future dividends
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General Motors has announced a $6 billion share repurchase plan, including a $2 billion accelerated share repurchase (ASR), and a $0.03 increase in its quarterly dividend.
February 26, 2025 | 11:45 am
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General Motors' board has approved a $6 billion share repurchase plan, including a $2 billion ASR, and increased its quarterly dividend by $0.03 per share.
The announcement of a $6 billion share repurchase plan, including a $2 billion ASR, and an increase in the quarterly dividend is likely to positively impact GM's stock price. Share repurchases reduce the number of shares outstanding, potentially increasing earnings per share and stock value. The dividend increase signals confidence in the company's financial health, which is attractive to investors.
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IMPORTANCE 90
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