yobo9193@alien.topBtoCars@gearhead.town•GM sees $9.4 billion hit from labor deals, outlines $10 billion stock buybacks, cuts Cruise spendingEnglish
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1 year agoNet income is not the same thing as a stock buyback.
Net income is not the same thing as a stock buyback.
Net income and stock buybacks aren’t the same thing. They’re revising their earnings forecast for 2023
Where in the article does it say they are revising their buyback plan? Because this article (and others) clearly state that the buyback announcement is new
Right, on the path to work which is why one of their cars hit a woman in SF and dragged her for 20 feet. But blame the UAW, right?