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GM Boosts Dividend by 25% and Plans $6 Billion Stock Buyback

General Motors (GM) is enhancing its shareholder returns by increasing its quarterly dividend by 25% to 15 cents per share, matching Ford Motor’s dividend. This adjustment will be effective with the next payout in April. Additionally, GM has launched a $6 billion stock repurchase program, with $2 billion expected to be completed in the second quarter. Since 2023, GM has announced $16 billion in stock buybacks, reducing outstanding shares by over 1 billion. Despite these efforts and strong quarterly results, GM’s stock has fallen more than 12% this year. The company’s 2025 guidance includes net income of $11.2 billion to $12.5 billion, adjusted EBIT of $13.7 billion to $15.7 billion, and automotive free cash flow between $11 billion and $13 billion.

Source: www.cnbc.com

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