“GM initiates $10 billion buyback, boosts dividend and reinstates 2023 guidance after UAW strikes”
November 29, 2023
“…The Detroit automaker plans to increase its quarterly dividend next year by 33% to 12 cents per share; initiate an accelerated $10 billion share repurchase program; and reinstate its 2023 guidance to include an estimated $1.1 billion in earnings before interest and tax, or EBIT-adjusted, impact from roughly six weeks of U.S. labor strikes by the United Auto Workers union…”
https://www.cnbc.com/2023/11/29/gm-buyback-dividend-guidance.html