Allison Transmission Approves $1 Billion Additional Share Repurchases; Raises Dividend 8%-February 2024-www.financetom.com

Allison Transmission Approves $1 Billion Additional Share Repurchases; Raises Dividend 8%

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Allison Transmission Approves $1 Billion Additional Share Repurchases; Raises Dividend 8%

Feb 20, 2025 3:12 PM

05:50 PM EST, 02/20/2025 (MT Newswires) -- Allison Transmission ( ALSN ) said Thursday its board approved a new $1 billion share repurchase program.

The new authorization brings the company's total repurchase threshold to $5 billion.

The company also raised quarterly dividend 8% to $0.27 per share, payable March 14 to shareholders of record on March 3.

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