General Motors stock surges 10% as the automaker announces $10 billion share buyback

General Motors stock surges 10% as the automaker announces $10 billion share buyback

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None General Motors stock jumped more than 10% Wednesday on plans for a $10 billion share buyback and dividend hike. • None It comes as the automaker pulls back on its EV and driverless vehicle ambitions. • None GM is also navigating higher labor costs amid the new union contract with the United…

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