General Motors Raises Dividend 25% And Announces $6 Billion Stock Buyback
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General Motors (GM) is increasing its quarterly dividend by 25% to $0.15 per share and launching a $6 billion stock buyback program. The dividend hike will take effect in April, while $2 billion in buybacks is expected in Q2. Despite strong financial results, GM's stock is down nearly 10% this year due to slowing sales and regulatory uncertainties. GM has announced $16 billion in buybacks since 2023, retiring over one billion shares. Currently, GM's stock is up 17% over the past year, trading at $46.71 per share.
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