1419 EDT -- General Motors Co. is one of the most talked about companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The auto maker said it will reinstate its quarterly dividend, which was suspended in April 2020. The company said it expects to pay the dividend on Sept. 15. GM also said it is increasing its share repurchase program to $5 billion, up from the $3.3 billion remaining in the program. At 2:19 p.m. EDT, the company's stock was trading 1.79% higher, at $39.41 per share, on the New York Stock Exchange. Year to date, the stock is down by over 32%. Dow Jones & Co. owns Factiva. (stephen.nakrosis@wsj.com)

 

(END) Dow Jones Newswires

August 19, 2022 14:40 ET (18:40 GMT)

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