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GM boosts dividend by 25% to $0.15 per share and announces $6 billion share buyback plan.
General Motors (GM) raised its quarterly dividend by 25% to $0.15 per share and launched a $6 billion share repurchase program.
The dividend hike takes effect in April, with $2 billion of the buyback planned for completion by the second quarter.
Despite industry challenges, including slowing sales and potential regulatory changes, GM projects net income of $11.2-$12.5 billion in 2025.
Shares rose about 7% to $49.98 on the announcement.
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GM aumenta el dividendo en 25% a $0.15 por acción y anuncia un plan de recompra de acciones de $6 mil millones.