General Motors Company (GM)
Time to Ride General Motors (GM) Stock for Higher Highs?
General Motors (GM) stock printed another day of fresh 52-week highs after the auto giant announced an additional $6 billion in stock buybacks.
GM gives Cruise $850M lifeline as it relaunches robotaxis in Houston
General Motors is investing $850 million into Cruise as the autonomous vehicle subsidiary slowly makes its way back to testing in Phoenix, Dallas and, as of Tuesday, Houston.
GM cuts EV production outlook but stresses that demand remains strong
Shares of General Motors Co. were trading at more than a two-year high but pared earlier gains after the automaker cut its full-year outlook for electric-vehicle production.
GM shares revved up by $6bn new buyback
General Motors Company (NYSE:GM) shares revved up after directors of the Detroit-based carmaker approved a new $6 billion share buyback. The new repurchase programme will follow the $10 billion "accelerated" buyback announced in November, of which the company said roughly $1.4 billion was remaining at the start of the year.
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.
GM approves new $6B stock buyback on strong demand for gas-powered vehicles
General Motors announced it has approved a new share repurchase authorization to buy back up to $6 billion worth of the automaker's stock, citing strong demand for gas-powered vehicles.
GM trims 2024 EV sales forecast amid slower-than-expected demand
General Motors is trimming its expected sales of all-electric vehicle sales this year, as U.S. adoption of EVs occurs slower than expected.
GM Rises After Another Stock Buyback
General Motors (GM) shares advanced Tuesday after the biggest U.S. automaker announced its second stock buyback in seven months.
General Motors' (GM) JV Plant Strikes a Tentative Deal With UAW
General Motors' (GM) joint venture facility in Ohio strikes a tentative local agreement with UAW.
General Motors authorises another $6.0 billion in stock buyback
General Motors Co (NYSE: GM) is gaining in premarket on Tuesday after announcing a new stock repurchase programme. CFO Jacobson's remarks on the buyback programme The legacy automaker authorised another $6.0 billion in share buybacks.
GM Is Returning $6 Billion More Cash to Shareholders. The Stock Is Rising.
General Motors announces a new $6 billion share repurchase plan, which amounts to about 11% of the company's market value.
GM board approves new $6 billion share buyback authorization
General Motors on Tuesday announced a new $6 billion stock repurchase authorization has been approved by its board. The new buyback authorization comes as an accelerated $10 billion share repurchase program announced in November 2023 is expected to be completed by the end of this month.
