GM Stock Alert: General Motors Authorizes $6 Billion Buyback
General Motors (NYSE:GM) stock is getting a boost on Tuesday after the automotive company announced a $6 billion share buyback program.The board of directors at General Motors signed off on the repurchase of up to $6 billion in shares of GM stock. The company is announcing this news share buyback program as it expects to complete its prior $10 billion one by the end of June.It’s worth pointing out that this share buyback is a morale boost for GM investors amid turbulence at the company. This comes as consum ...