General Motors (GM), a big car company, gave its shareholders some good news! They increased their dividend (like extra money for owning GM shares) and plan to buy back some of their own shares. This means shareholders get more money.
- GM raised its dividend by $0.03 per share.
- They'll buy back $6 billion of their own shares.
- GM's stock price went up after the announcement.
Fact | Number |
---|---|
Dividend increase per share | $0.03 |
Share buyback amount | $6 billion |
Stock price increase (pre-market) | 3% |