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General Motors achieves record Q3 revenue and approves $20 billion share buyback

The Motley Fool ·

GM General Motors Company
$76.11 -1.27%
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  1. 1General Motors reported record revenue for the third quarter.
  2. 2General Motors announced a multi-year share buyback approval of $20 billion.
  3. 3The expected reduction in production volume for General Motors' light pickup truck portfolio in Q4 is approximately 35,000 units.

So what's the key point?

General Motors sold a record amount of products in the third quarter. The company decided to buy back its own shares worth $20 billion, which is good news for investors.

Source The Motley Fool · View original ↗

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