GM announces $6B share buyback, boosts dividend
General Motors shareholders just received what they wanted only a few weeks back when the automaker posted Q4 results - cash.
GM shares rally on stock buyback announcement
General Motors (GM) is boosting shareholder returns with a new dividend increase and a stock buyback program. The automaker plans to raise its quarterly dividend by $0.03 per share and is considering a substantial $6 billion share repurchase initiative.
GM raises quarterly dividend, initiates $6 billion stock buyback
General Motors said Wednesday that it is raising its quarterly dividend and initiating a new $6 billion share repurchase program.
GM Revs Up Share Buybacks
General Motors is looking past tariffs and other looming threats to the auto industry, as it plans to hand more cash to stockholders. GM will spend up to $6 billion on extra share repurchases while also hiking its quarterly dividend by 25%,
GM Hikes Dividend and Unveils Stock Buyback Plan
At the new 60-cent annual dividend rate, GM stock yields about 1.2%. The average dividend yield for a dividend-paying stock in the S&P 500 is about 2.3%. Ford Motor shares yield a
GM Stock Surges on Dividend Hike, $6B Buyback Plan
Key Takeaways Shares of General Motors are rising Wednesday after the automaker announced a new $6 billion stock buyback plan and raised its quarterly dividend.The automaker said it would lift its dividend to $0.
GM Stock Rallies on Dividend Increase, Buyback Plan
General Motors stock is higher Wednesday after the car maker announced a dividend increase and a new share repurchase program. Here's what you need to know.
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General Motors Co.’s stock jumped 4.2% early Wednesday, after the auto giant said its board has approved a 3 cent-per-share increase in its quarterly dividend in addition to a new $6 billion ...