GM Raises Dividend, Authorizes $6B Buyback After Q4 Beat
General Motors delivered Q4 2025 adjusted EPS of $2.45, topping consensus by $0.30 despite $7.2 billion in EV realignment charges. The company raised its quarterly dividend to $0.18 per share and authorized a new $6 billion buyback, bringing total repurchases since 2023 to $22 billion.
1. Strong Q4 Earnings Beat
GM reported Q4 2025 adjusted earnings per share of $2.45, surpassing analysts’ estimates by $0.30 despite absorbing $7.2 billion in special charges for EV capacity realignment. Core automotive margin improved sequentially, driven by cost management and favorable mix trends.
2. Shareholder Returns Enhanced
The board approved a 50% dividend increase to $0.18 per share and launched a $6 billion share repurchase plan, adding to the $22 billion repurchased since early 2023. Management cited robust free cash flow generation and stable balance sheet metrics as justification for the expanded payout.