GM to buy back 200M shares held by US Treasury for $5.5B
Green Car Congress
DECEMBER 19, 2012
General Motors today will purchase 200 million shares of GM common stock held by the US Department of the Treasury for $5.5 Government ownership of GM stock was the result of the auto industry rescue that began under President George W. Bush in 2008 and which was expanded by President Barack Obama in 2009.
Let's personalize your content