General Motors -- GM Message Board

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Non-Tech : General Motors -- GM

GM 69.09

+0.6%

Oct 31 9:30 AM EST

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From: KyleLenn	3/28/2018 10:18:23 AM
	of 4

General Motors follows a comprehensive capital allocation strategy per which it intends to return its available free cash flow to shareholders while maintaining an investment-grade balance sheet and cash and cash equivalents of $15.5 billion as of December 31, 2017 to boost long-term growth. As part of this strategy, General Motors announced an initial share repurchase of $5 billion, which was completed in third-quarter 2016. In the second-quarter 2017, General Motors repurchased $1.5 billion of common shares.

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