GM reinstates quarterly dividend at $0.09/share; boosts buyback authorization to $5.0B

General Motors Co

Quarterly dividend of $0.09 per share declared; first payment Sept 15, 2022 to holders of record Aug 31, 2022.
Board increased share repurchase capacity to $5.0B from $3.3B previously remaining; repurchases to resume opportunistically.
Dividend had been suspended in April 2020 due to pandemic; resumption signals confidence in cash flow and growth strategy.
Company reiterates $35B+ EV investment through 2025 and highlights Ultium battery plants and Cruise autonomous service milestones.

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