General Motors has just announced that it will purchase 200 million shares of GM common stock held by the US Department of the Treasury for US$5.5bn (US$27.50/share). The sale is part of the Treasury’s efforts to end its ties to the US OEM within 12 to 15 months. “This announcement is an Subscribe to Automotive World … Continued
General Motors has just announced that it will purchase 200 million shares of GM common stock held by the US Department of the Treasury for US$5.5bn (US$27.50/share). The sale is part of the Treasury’s efforts to end its ties to the US OEM within 12 to 15 months.
“This announcement is an
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https://www.automotiveworld.com/articles/us-treasury-stepping-up-gm-stock-sale-efforts/
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