https://fortune.com/2023/11/29/gm-stock-buyback-10-billion-electric-cars/
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GM announces record $10 billion stock buyback—more than it’s spending on UAW raises—as its electrification push stalls - Fortune
11/29/23 at 8:53pm
Organization
Fortune
Authors
David Welch Bloomberg
Details
42 words
Summarize
Business & Industrial Company News General Motors Mary Barra electrification push stalls Fortune United Auto Workers labor expenses
CEO Mary Barra pledged to “fully offset” added labor expenses while buying back about a quarter of GM's market value.
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