General Motors Company Unveils $5 Billion Stock Buyback; Avoids Proxy Fight – ValueWalk Premium

General Motors Company Unveils $5 Billion Stock Buyback; Avoids Proxy Fight

General Motors Company announced Monday that it will launch a $5 billion share buyback program and has tabled a capital allocation plan to return all available free cash flow to shareholders.

The auto giant has also struck a deal with an investor group to avert a proxy fight.

 
General Motors Company three-pronged capital allocation framework
GM

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0