GM 25% Dividend Boost is the talk of the stock market right now. The company has increased its quarterly dividend by 25%, moving it from 12 cents to 15 cents per share. It also unveiled a new $6-billion share buyback program. According to GM plans to purchase $2 billion worth of its shares by mid-year. The remaining $4 billion may be bought back at any time GM chooses. These steps show the automaker’s confidence in its growth and stability 🤝.
David Whiston, an analyst at Morningstar, told Reuters that GM’s moves show “a lot of conviction” in its future. Share prices climbed about 6% after the announcement. Analysts also highlight GM’s past success. The automaker repurchased 87 million shares in 2023, pushing its share count below 1 billion. This milestone reassures many observers about GM’s commitment to returning capital.
GM projects a $2 billion improvement in EV-related operating losses this year. It also expects net income to range between $11.2 billion and $12.5 billion by 2025, close to analysts’ estimates. Planned capital expenditures of $10–$11 billion will support EVs, autonomous driving research, and other advanced tech initiatives.
GM’s 25% dividend boost and $6-billion buyback highlight a company ready to evolve. These actions can help solidify GM’s market position, especially as it pivots toward a new era in automotive technology ⚙️. Curious about related topics? Check out our latest market updates on cryptox24 for more insights!
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