General Motors Approves New $6 Billion Stock Repurchase Authorization
2 week ago / Read about 0 minute
Author:小编   

General Motors reported fourth-quarter revenue of $45.29 billion, a year-over-year and expected decline, along with a loss of $3.31 billion. The company approved a new $6 billion stock repurchase program, with adjusted earnings per share projected to be between $11 and $13 for 2026, falling below market expectations. Operating cash flow from the automotive business is anticipated to range between $19 billion and $23 billion. Expenses related to electric vehicles will be significantly reduced, with capital expenditures projected to be between $10 billion and $12 billion, covering battery cell manufacturing joint ventures.