Bullish
GM's stock price rises to $82.73, up 0.58%, following board approval of $6 billion share repurchase plan.
General Motors' stock price increased to $82.73, up 0.58%, after the company's board approved a $6 billion share repurchase plan, including a $2 billion accelerated share repurchase (ASR) program. This move reflects GM's strong financial position and commitment to returning value to shareholders.
Key points
- GM's board approves $6 billion share repurchase plan, including $2 billion ASR.
- GM's stock price rises to $82.73, up 0.58%.
Sources
AI-generated from public news sources. Not financial advice.
