BUZZ-GM rises on $6 billion buyback, higher dividend plan
ReutersFeb 26, 2025 11:47 AM
Shares of General Motors GM.N rise 4.5% to $48.79 premarket
Says will increase its quarterly dividend by 25% and undertake a new $6 bln share buyback program
Expects to repurchase $2 bln of shares by first half of 2025
Increases quarterly dividend to 15 cents from 12 cents per share, effective next planned dividend in April
In 2024, stock had risen 48.3%
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