GM to Buy Back 200M Shares As Part of Gov't Exit

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GM to Buy Back 200M Shares As Part of Gov't Exit

by Associated Press Videos 0:51 mins

GM to Buy Back 200M Shares As Part of Gov't Exit

by Associated Press Videos 0:51 mins

General Motors says it will spend $5.5 billion to buy back 200 million shares of its stock from the Treasury. The government, in turn, plans to sell its remaining stake over the next 12 to 15 months. (Dec. 19)

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