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General Motors Q3 Net Profit Surges 151% and Approves $20 billion Share Repurchase

Detroit Free Press ·

GM General Motors Company
$76.11 -1.27%
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  1. 1Q3 2026 net profit reached $3.3 billion, a 151% increase compared to $1.32 billion in the same period of 2025.
  2. 2General Motors announced approval for a multi-year share repurchase program totaling $20 billion.
  3. 3GM Defense expanded its contracts, reaching a cumulative face value of $915,597,166 for infantry combat vehicle contracts.

So what's the key point?

General Motors' profits grew significantly by 151% compared to last year. The company decided to buy back its own shares, which is good news for investors.

Source Detroit Free Press · View original ↗

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