** Shares of General Motors GM.N rise 4.5% to $48.79 premarket
** Says will increase its quarterly dividend by 25% and undertake a new $6 bln share buyback program
** Expects to repurchase $2 bln of shares by first half of 2025
** Increases quarterly dividend to 15 cents from 12 cents per share, effective next planned dividend in April
** In 2024, stock had risen 48.3%
(Reporting by Aatreyee Dasgupta)
((Aatreyee.Dasgupta@thomsonreuters.com))
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