General Motors acquired a significant stake in 2019.
This should prove plenty interesting.
According to a report from The Detroit News, Uncle Sam doesn’t plan on selling off his remaining stake until at least August, or possibly September of this year.
After slightly more than a year of service, Chief Financial Officer Chris Liddell is leaving General Motors. Liddell was instrumental in GM’s IPO — which was the largest in history,[…]
This article is part of the GM Authority Opinion Desk series, where you can see exactly what’s on the minds of the GM Authority crew. As an ardent General Motors enthusiast,[…]
General Motors has confirmed the completion of a $2.1 billion repurchase of its 9 percent Series A Preferred Stock held by the U.S. Department of The Treasury. In total, GM[…]
Looks like China’s SAIC isn’t the only foreign investor to nab a percentage stake in last month’s General Motors IPO. According to the New York Times, Saudi Prince Walid bin[…]
It looks like that GM stock is in high demand: in connection with the previously-announced public offering of common and mandatory convertible junior preferred stock, General Motors Company has announced[…]
Initiating Standard & Poor’s coverage of General Motors is a Monday report by S&P analyst Efraim Levy, who said his price target for GM is $36 (per share). Levy expects[…]
Significantly reducing the government’s ownership stake to 37 percent.
Not to be lost among all the hoopla surrounding the GM Initial Public Offering is the fact that Shanghai Automotive Industry Corporation (SAIC) has been able to purchase nearly a[…]
Right on the eve of its long-awaited IPO, General Motors has made an ever-so-slight change by announcing an increase to the proposed size of the offering from 365 million to[…]
General Motors has finally announced the price of its long-awaited IPO, with the common stock having been priced at $33.00 per share.
General Motors has just announced an increase to the estimated price range of its initial public stock offering to $32.00-$33.00 per share from the $26.00-$29.00 per share predicted earlier. The[…]
General Motors is reported to be in final stage talks to sell equity to long-time Chinese partner SAIC Motor Corporation, an event that will coincide with The General’s $13 billion[…]
The day we’ve all been waiting for is here at last: General Motors has announced the commencement of its public offering today. The IPO will consist of 365 million shares[…]
Despite skepticism of a General Motors Initial Public Offering happening this month, it seems that the offering will indeed occur. Additionally, paperwork will be filed today that will take the[…]
General Motors has filed new forms with the Securities and Exchange Commission earlier this month. In one of the documents filed, GM states it will be increasing the number of[…]
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