GM to buy back 200M shares held by US Treasury for $5.5B
Green Car Congress
DECEMBER 19, 2012
General Motors today will purchase 200 million shares of GM common stock held by the US Department of the Treasury for $5.5 The share buyback is part of the Treasury’s plan, also announced today, to fully exit its entire holdings of GM stock within 12 to 15 months, subject to market conditions. billion, or $27.50
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