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General Motors Q3 Net Profit Surges 151% · $20 billion Share Buyback Approved

The Motley Fool +1 ·

GM General Motors Company
$76.11 -1.27%
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  1. 1General Motors reported a 151% increase in Q3 net profit to $3.34 billion.
  2. 2General Motors approved a $20 billion share buyback program.
  3. 3CEO Mary Barra said clear external headwinds exist and are intensifying in some cases.

So what's the key point?

General Motors' third-quarter profit grew significantly by 151%. The company shared good news for shareholders by deciding to buy back its own shares.

Source The Motley Fool +1 · View original ↗

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