GM board approves new $6 billion share buyback authorization
Publishing timestamp: 2024-06-11 07:39:51
Summary
General Motors announced a new $6 billion stock repurchase authorization approved by its board, following an accelerated $10 billion share repurchase program. The company is focused on profitability and returning cash to shareholders. Shares of GM were up 1% in premarket trading.
Sentiment: NEUTRAL
Tickers: GM,
Keywords: detroit, autos, general motors co, business news, markets, breaking news: markets, breaking news: business, business, transportation, paul jacobson,
Source: https://www.cnbc.com/2024/06/11/gm-board-approves-new-6-billion-share-buyback-authorization.html