GTX - Dividend announcements

PLYMOUTH, Mich. and ROLLE, Switzerland, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX) ("Garrett" or the "Company"), a leading differentiated automotive technology provider, today announced that its Board of Directors has approved a new share repurchase program for calendar year 2026, authorizing the company to repurchase up to $250 million of the company's outstanding common stock. This new program will commence on January 1, 2026, following the scheduled expiration of Garrett's current share repurchase program on December 31, 2025. "Returning capital to shareholders remains a cornerstone of Garrett's financial framework," said Oliver Rabiller, President and CEO Garr

ROLLE, Switzerland and PLYMOUTH, Mich., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX) ("Garrett" or the "Company"), a leading differentiated automotive technology provider, today announced the adoption of a long-term capital allocation framework, under which the Company will target returning 75% or more of its Adjusted Free Cash Flow to shareholders over time through a combination of share repurchases and a regular quarterly cash dividend. As part of this framework, the Company's Board of Directors has approved a new dividend policy, pursuant to which the Board intends to declare and pay quarterly dividends on its common stock in an aggregate amount of approximately $5

ROLLE, Switzerland, June 13, 2023 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX), a differentiated technology leader for the automotive industry, announced today the conversion of the Company's Series A Preferred Stock into a single class of Common Stock, simplifying the Company's capital structure and setting the stage for greater market capitalization, enhanced liquidity, a path to index inclusion, and a more diversified shareholder base. "We are pleased we have achieved this important milestone to benefit all our shareholders, providing more financial flexibility to Garrett as it invests for the future in both its core emission reduction turbo business as well as in n

ROLLE, Switzerland, March 08, 2023 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX, GTXAP))), a leading differentiated automotive technology provider, today announced that the first quarter dividend for the Series A 11% PIK Preferred Stock will be made in cash and is in lieu of allowing the first quarter dividend to accrete. On March 8, 2023, the Disinterested Directors Committee of the Board of Directors of Garrett declared a quarterly cash dividend of $0.17 per share, which will be paid on April 3, 2023, to holders of record as of the close of business on March 22, 2023. About Garrett Motion Inc. Garrett Motion is a differentiated technology leader, serving customers worldwide for

ROLLE, Switzerland, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX, GTXAP))), a leading differentiated automotive technology provider, today announced that the fourth quarter dividend for the Series A 11% PIK Preferred Stock will be made in cash and is in lieu of allowing the fourth quarter dividend to accrete. On December 6, 2022, the Disinterested Directors Committee of the Board of Directors of Garrett declared a quarterly cash dividend of $0.17 per share, which will be paid on January 3, 2023, to holders of record as of the close of business on December 20, 2022. About Garrett Motion Inc. Garrett Motion is a differentiated technology leader, serving customers world

ROLLE, Switzerland, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ:GTX, GTXAP))), a leading differentiated automotive technology provider, today announced that the third quarter dividend for the Series A 11% PIK Preferred Stock will be made in cash and is in lieu of allowing the third quarter dividend to accrete. On September 8, 2022, the Disinterested Directors Committee of the Board of Directors of Garrett declared a quarterly cash dividend of $0.17 per share, which will be paid on October 3, 2022 to holders of record as of the close of business on September 23, 2022. "Consistently generating cash even in a volatile market, has allowed Garrett to significantly delevera