General Motors said on Wednesday its new labor deals after a lengthy U.S. strike will cost it $9.3 billion even as it outlined $10 billion in share buybacks, a 33% dividend increase and "substantially lower" spending at its robotaxi unit Cruise.
Sorta, but I think buying the stock is a way to prevent the stock from going down. And they are betting it will go up in the long run and they can resell at a profit.
Sorta, but I think buying the stock is a way to prevent the stock from going down. And they are betting it will go up in the long run and they can resell at a profit.