General Motors said on Tuesday it will buy back outstanding shares worth $6 billion as part of a new stock repurchase plan.
General Motors Co. GM, +4.05% said Tuesday its board has approved a new $6 billion share buyback program. The car maker said the new authorization will enable it to continue buying its stock once the existing program is completed.
GM reached a tentative agreement covering battery workers in Lordstown, Ohio. With more plants opening, including in the reddest states, electric vehicles look less like a political issue.
Recently, Zacks.com users have been paying close attention to General Motors (GM). This makes it worthwhile to examine what the stock has in store.
Energy remains a quintessential resource because it's everywhere. From your car, house lights and even air conditioner, energy is ubiquitous.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
General Motors stock has fared well this year, rising by about 27% since early January. This compares to rival Ford stock, which has seen its stock remain roughly flat over the same period.
In the latest trading session, General Motors (GM) closed at $45.26, marking a -1.05% move from the previous day.
GM's Cruise is redeploying a small fleet of robotaxis in Dallas this week as part of the company's previously stated goal to validate its self-driving systems and win back public trust.
General Motors Company (NYSE:GM ) Bernstein's 40th Annual Strategic Decisions Conference May 30, 2024 2:30 PM ET Company Participants Mary Barra - Chairman and CEO Conference Call Participants Daniel Roeska - Bernstein Daniel Roeska All right, excellent. Welcome everybody.
An incident that seriously injured a pedestrian in San Francisco led Cruise to take all of its cars off the road. The question now is when they will return.
In the most recent trading session, General Motors (GM) closed at $42.64, indicating a -1.04% shift from the previous trading day.