Ford to buy back pounds 2bn in stock
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Ford to buy back pounds 2bn in stock
The Ford Motor Company intends to buy back around $2bn of its own preferred stock and is considering the sale of parts of USL Capital and part of The Associates Corp, the non-automotive financing businesses in its financial services group. Ford announced it was increasing the fourth quarterly dividend on its common and class B shares by 13 per cent to $0.35 cents a share, making the fourth rise since the first quarter of last year.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments