GM Rises After Another Stock Buyback
GMGM(US:GM) Investopedia·2024-06-11 14:41

Key TakeawaysGeneral Motors on Tuesday announced another stock buyback, the second one in seven months.The $6 billion repurchase plan followed the $10 billion one last November, and will begin once the current one runs out of money, which is expected to happen at the end of the month.GM said it intends to have a total of $1.4 billion in stock buybacks this year. General Motors (GM) shares advanced Tuesday after the biggest U.S. automaker announced its second stock buyback in seven months.  GM said its board ...