Allison Transmission raises dividend 8% and adds $1.0 billion to buyback
Allison Transmission's board raised the quarterly dividend from $0.25 to $0.27 per share and approved up to $1.0 billion of additional share repurchases, bringing the total authorization to $5.0 billion. About $519 million remained available under the program as of December 31, 2024, and the company may modify or end repurchases at any time. Separately, director Richard P. Lavin told the company he will not stand for re-election at the 2025 annual meeting due to health considerations, and the filing says this is not a disagreement with the company.
Key points
- Quarterly dividend rises from $0.25 to $0.27 per share, payable March 14 to holders of record on March 3
- Total buyback authorization reaches $5.0 billion after a $1.0 billion increase; about $519 million remained available as of December 31, 2024
- Director Richard P. Lavin will not stand for re-election at the 2025 annual meeting, citing health considerations
- Annual stockholders meeting set for May 7, 2025, with a record date of March 10
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 20, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.