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Aug 22, 2022 · General Motors (GM) to restore dividend payment after 2 years of suspension. It also boosts share buyback program to $5 million.
Nov 29, 2023 · The company (GM) said it's reinstating 2023 guidance that it pulled in the third quarter amid the uncertainty about the strikes, planning a $10 billion accelerated share-buyback program and a 33%...
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Nov 29, 2023 · GM has also canceled the $6.0 billion revolving credit facility it entered in October and plans to enter into a new 364-day $3.0 billion committed credit facility with the banks executing the ASR acting as lenders. GM also expects to increase its common stock dividend by 3 cents per quarter to 12 cents beginning in 2024.
Aug 19, 2022 · GM Announces Return of Capital to Shareholders. DETROIT, Aug. 19, 2022 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today that its Board of Directors has authorized the reinstatement of a quarterly cash dividend on the company's outstanding common stock at a rate of $0.09 per share.
Nov 30, 2023 · The automaker also announced a $10 billion accelerated share repurchase (“ASR”) program and unveiled its plan to increase its common stock dividend by 33%, starting January 2024.
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