Lear Makes Move After Activist Investor’s Maneuver

Lear makes move after activist investor’s maneuver

DETROIT — Auto supplier Lear is increasing its dividend and expanding its capacity to execute share buybacks in the wake of an activist investor’s bid to force the company to consider splitting up. Lear announced Tuesday morning that it has increased its share buyback fund to $1 billion, up from $339 million at the end of…