GM Reinstates 2023 Earnings Guidance, Announces a $10B Accelerated Share Repurchase Program, 33% Dividend Increase Starting in 2024
November 29, 2023
November 29, 2023
DETROIT, Michigan, Nov. 29 -- General Motors issued the following news release:
General Motors Co. (NYSE: GM) announced today it is reinstating its full-year 2023 earnings guidance. In addition, the company announced a $10 billion accelerated share repurchase (ASR) program and its intention to increase its common stock dividend by 33% beginning with the January 2024 declaration.
"GM will deliver very strong profits in 2023 thanks to an exceptional portfolio of vehi . . .
General Motors Co. (NYSE: GM) announced today it is reinstating its full-year 2023 earnings guidance. In addition, the company announced a $10 billion accelerated share repurchase (ASR) program and its intention to increase its common stock dividend by 33% beginning with the January 2024 declaration.
"GM will deliver very strong profits in 2023 thanks to an exceptional portfolio of vehi . . .