GM Announces Dividend Increase and $6 Billion Stock Buyback Program
The automaker boosts shareholder returns with a 25% dividend hike and a new repurchase initiative, reflecting confidence in its financial strategy and EV investments.
- General Motors raised its quarterly dividend by 25%, from $0.12 to $0.15 per share, effective April 2025.
- The company announced a $6 billion share repurchase program, with $2 billion set for an accelerated buyback in the first half of the year.
- CEO Mary Barra emphasized GM's focus on balancing shareholder returns with investments in EV technology and maintaining a strong balance sheet.
- GM plans to allocate $10-$11 billion in capital spending and over $8 billion in R&D for 2025, targeting growth in both traditional vehicles and EVs.
- Despite a 12% drop in GM's stock earlier this year, the announcement reflects confidence in achieving 2025 financial targets, including $11-$12 billion in net income.