06:55 AM EST, 02/26/2025 (MT Newswires) -- General Motors ( GM ) said Wednesday it is launching a new $6 billion share buyback program with no expiration date.

The company said it also entered into an accelerated share repurchase program to buy $2 billion worth of shares.

GM raised its quarterly dividend to $0.15 per share from $0.12, effective the company's next dividend declaration in April.