General Motors Company Unveils $5 Billion Stock Buyback; Avoids Proxy Fight

Mani

Published onMarch 9, 2015

Updated on May 13, 2021

General Motors Company announced Monday that it will launch a $5 billion share buyback program and has tabled a capital allocation plan to return all available free cash flow to shareholders.

The auto giant has also struck a deal with an investor group to avert a proxy fight.

General Motors Company Unveils $5 Billion Stock Buyback; Avoids Proxy Fight — Image: Logo

General Motors Company three-pronged capital allocation framework

GM unveiled Monday a capital allocation framework that encompasses three core principles. The firm said it will reinvest in its business with the...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

General Motors Company Unveils $5 Billion Stock Buyback; Avoids Proxy Fight

General Motors Company three-pronged capital allocation framework

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