GM Expects Profit Growth, Plans $6 Billion in Buybacks
General Motors expects profits to grow as much as $2 billion this year and the automaker said it authorized $6 billion in share buybacks and an increase in its quarterly...
By Bloomberg Markets · Bloomberg Markets
General Motors expects profits to grow as much as $2 billion this year and the automaker said it authorized $6 billion in share buybacks and an increase in its quarterly dividend by 3 cents to 18 cents a share, fueled by demand for its highest margin vehicles. Craig Trudell reports on Bloomberg Television. (Source: Bloomberg)