GM Boosts Investor Payout With New Buybacks, Dividend Hike
Carmaker Faces Uncertainty About Tariffs
The General Motors headquarters inside the Renaissance Center in Detroit. (Jeff Kowalsky/Bloomberg News)
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General Motors Co. plans to step up its program of buybacks by repurchasing $6 billion in shares and raising its dividend, rewarding investors by pushing more cash off its balance sheet.
The move, which the Detroit-based carmaker announced Feb. 26, comes as the auto industry face…
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