Ford Motor Company has initiated an anti-dilutive share repurchase program aimed at offsetting the dilutive effects of share-based compensation and obligations related to its Senior Convertible Notes due March 15, 2026. The program authorizes the repurchase of up to 31.7 million shares of Ford Common Stock. The timing and total amount of repurchases will depend on various market conditions and corporate requirements. The company plans to use its existing cash and cash equivalents to fund these repurchases.

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