“GM board approves new $6 billion share buyback authorization” [TUE, JUN 11 2024]
June 28, 2024
“…
- 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.
- Shares of GM were up 1% in premarket trading. The stock closed Monday at $47.57, up about 32.4% this year.
…”
https://www.cnbc.com/2024/06/11/gm-board-approves-new-6-billion-share-buyback-authorization.html