General Motors (GM) Announces $5.5B Buyback of Treasury Stake
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Treasury Selects JPMorgan (JPM), Citi (C) to Run $5.5B GM (GM) Share Sale
January 16, 2013 4:39 PM ESTJPMorgan (NYSE: JPM) and Citigroup (NYSE: C) are just a touch higher in late trading Wednesday following headlines earlier that the two would be spearheading quite a stock sale.
The U.S. Treasury tapped both of... More
Will GM (GM) Shares See Another 'Treasury Pop' in FY13?
December 19, 2012 12:09 PM ESTEarlier on the session, the biggest news hitting the auto industry was General Motors (NYSE: GM) offering to repurchase 200 million shares from the U.S. Treasury for $27.50 per share, a 7.9 percent premium over Tuesday's close.
However, the Treasury still holds 300.1... More
GM (GM) Surges as Treasury Plans to Exit Entire Stake
December 19, 2012 8:13 AM ESTGeneral Motors (NYSE: GM) is immediately jumping 6.7 percent early Wednesday after announcing a 200 million share buyback of the the Treasury stake with plans by the Treasury to exit the entire position in 12-15 months.... More
General Motors (GM) to buy 200 million share from Treasury
December 19, 2012 8:00 AM ESTGeneral Motors (NYSE: GM) to buy 200 million share from Treasury... More
