Why General Motors (GM) is Buying Back $20Bn of their own Stock Rather than Buying Stellantis (STLA)
GM just authorized $20Bn to buy back their own stock. That is 29% of their entire $69Bn market cap! This prompted me to have a conversation with Boaty McBoatface, our AGI valuation expert – asking him what this tells us about the state of the Auto Industry. As you’ll see, his response deserves a post […] Source
