.July 29, 2024 03:02:17 PM

Ford Motor Company (NYSE:F) is taking a different approach than General Motors in enhancing shareholder value, prioritizing dividends over share buybacks. Despite having $27 billion in cash and $45 billion in liquidity, Ford has not implemented a buyback program, leading to discussions about the best strategy for maximizing shareholder value. Morgan Stanley’s recent upgrade of Ford to Overweight acknowledges the company’s solid financial performance but notes the absence of a buyback program as a potential drawback. This contrasts with GM’s aggressive share buyback initiatives, highlighting the strategic differences between the two automotive giants.