General Motors Announces $6 Billion Share Buyback and Forecasts Profit Growth by 2026
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General Motors (G.M.) has announced a share buyback program of up to $6 billion and expects an increase in its profits by 2026. This decision follows a strategic refocusing of its production, including a partial withdrawal from electric vehicles. The announcement led to a rise in the company's stock price. No additional technical details or detailed operational impacts were provided.