** 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))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.