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share repurchase programCNBC
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81% Informative
The new buyback authorization comes as an accelerated $10 billion share repurchase program announced in November 2023 is expected to be completed by the end of this month .
The new authorization will allow GM to opportunistically repurchase shares after the completion of the existing reauthorization, the automaker said.
The announced buyback plans come amid uncertainty surrounding the adoption of all-electric vehicles.
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