GM authorizes $6.3B share repurchase, includes $2B ASR, raises dividend by $0.03 to $0.15/quarter

General Motors Co

Board authorized $6.3B total share repurchase program (incl. $0.3B prior remaining); $2B ASR executed, leaving $4.3B capacity.
Quarterly dividend raised to $0.15/share (from $0.12), effective with next dividend expected to be declared in April 2025.
ASR with Barclays and JPMorgan: GM advances $2B on Feb 27, receives ~$1.6B in shares initially; final settlement by June 30, 2025.
2025 capex guided to $10B-$11B, R&D > $8B; company maintains investment-grade balance sheet and strong margins.

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