General Motors says its common stock will sell for $33 per share when its initial public offering takes place Thursday. The IPO brings the U.S. government closer to getting back part of the $50 billion […]
General Motors is confirming reports that it will increase the number of common shares to be sold in its Initial Public Offering.
General Motors says it is raising the price range for its initial public offering of common stock to $32 to $33 per share. The new price range is about 14 percent higher than originally expected.
General Motors executives are playing up bright spots in the company’s future as they try to persuade investors to buy stock: a better lineup of cars and trucks, potential for global growth and a new […]
While GM has captured many of the headlines for it’s IPO, there’s also big news from Ford Motor Company. Ford’s stock is strong, and getting stronger.
General Motors’ initial public offering of stock later this month is expected to be enough to take government ownership below the 50 percent level.
General Motors Co. wants to set aside five percent of the company’s common shares for its employees, car dealers and retirees to buy in an initial public stock sale expected next month.