General Motors raises a quarterly profits, and starts 6 billion dollars from the shares of shares

Detroit – General Motors It raises its quarterly profits and starts a new program to purchase the shares of $ 6 billion, as the company is trying to reward investors amid the sales and profits of the industry.

General Motors announced on Wednesday that it increases its quarterly profits by 25 % to 15 cents per share – identical to the Crossston competition Ford Motor. The higher profits are expected to become valid with the company’s next payment, scheduled for April.

According to the $ 6 billion to rebuilding plan, 2 billion dollars is expected to be completed during the second quarter.

“The implementation of the General Motors team is still strong in all the three pillars of our capital customization strategy, which is to re -invest in work for profitable growth, maintain a strong budget for investment, and return capital to our shareholders,” said General Motors CEO. Mary Barra In a press release.

Bar last month He suggested that the company continue to return the capital to the shareholders this year, pending the approval of the Board of Directors. Since 2023, the auto industry company announced 16 billion dollars in the re -purchase of shares Programs, which led to the retirement of more than a billion distinguished shares.

Despite these procedures and reporting strong quarterly results, including regular performance Wall Street expectationsGM shares decreased more than 12 % this year.

Wall Street analysts were martyred in the sales of the plateau industry About definitions And the lack of possible growth opportunities as all shares weigh.

General Motors said that the total number of shares that was bought in the end will depend on the re -purchase of accelerated shares worth $ 2 billion on the average daily price of the normal stock of General Motors during the program. The program is carried out by Jpmorgan and Barclays.

The company said that outside the accelerated program, General Motors will get another $ 4.3 billion in the framework of the shares resets of “to re -buy additional and opportunistic.” This includes 300 million dollars from the last $ 6 billion to purchase shares June program.

As of the end of last year, General Motors had less than a billion suspended shares – achieving a goal announced earlier in the year by GM CFO Paul Jacobson.

“We are confident in our business plan, our public budget is still strong, and we will be graceful if we need to respond to changes in public policy,” Jacobson said in a statement. “The purchase license approved by our accredited council continues to adhere to our capital allocation policy.”

General Motors 2025 guidance includes Net income is due to shareholders in the range of $ 11.2 billion to 12.5 billion dollars, or $ 11 to $ 12 per share; The modified profits before interest and taxes (EBIT) ranges between 13.7 billion dollars to 15.7 billion dollars, or $ 11 to $ 12. Amending the car -free cash flow ranges between 11 billion dollars and 13 billion dollars.