General Motors (GM) announced an increase in its share repurchase program to a total of $6.3 billion, with $4.3 billion remaining after executing a $2.0 billion accelerated share repurchase (ASR) agreement. The ASR will involve GM repurchasing shares from Barclays and J.P. Morgan Chase, with final settlement expected by June 30, 2025.

Additionally, GM plans to raise its quarterly dividend by $0.03 per share, beginning with its next expected dividend declaration in April 2025. The company remains focused on strategic capital allocation to enhance shareholder value.

GM's filing also included forward-looking statements, outlining potential risks such as supply chain disruptions, inflationary pressures, regulatory challenges, and competition in the electric vehicle market. The company reaffirmed its commitment to operational efficiency and financial discipline while navigating the evolving automotive landscape.