The company will also increase its dividend by 15 percent.
The company increased its dividend for the first time since 2001.
And that means the money could not be used to increase dividends or buy back stock.
Much of that money has been used to increase dividends and to buy back stock.
"It has also increased its dividend in each of the last 40 years."
"Instead of taking the capital gains hit, wait and see if they increase their dividend."
It will increase its dividend, and a stock split is possible next year.
And, in 2011, the company increased its annual dividend to $1.12, representing a nearly 8 percent increase.
He said the company had indicated that it planned to increase its dividend.
Ford also said it would again increase its dividend, this time by 10 percent to 38.5 cents a share.