A Massive Stock Buyback You Don’t Want to Miss

From Nasdaq.: 2024-06-13 04:06:00

General Motors (NYSE: GM) announced a $6 billion buyback, reducing shares by over 10% at current stock prices. The fast pace of buybacks is highlighted in a video by Travis Hoium. Should you invest $1,000 in General Motors? Motley Fool Stock Advisor didn’t include GM in their top 10 picks, which have historically generated significant returns. Stock Advisor has outperformed the S&P 500 since 2002. Travis Hoium holds positions in GM and Tesla and may be compensated by Motley Fool for promoting their services.



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