DETROIT (AP) – General Motors Co. is holding its annual shareholders meeting at the automaker’s headquarters on the Detroit riverfront.
The gathering is Tuesday at the Renaissance Center.READ MORE: Michigan Environment Department Issues Violation Notices To Tribar Manufacturing In Huron River Chemical Release
The restructured car company’s stock first went on sale in November 2010 at $33 a share. It closed at $21.92 on Monday, down 13 cents on the day.READ MORE: Community Responds After More Drownings Happen In South Haven
Shareholders will ratify GM’s director nominees. The Detroit News says the slate includes two prominent newcomers – ConocoPhillips chief executive James Mulva and ex-Cummins Inc. chief Theodore Solso.
GM earned $1 billion in 2012’s first quarter, or 60 cents per share. Revenues totaled $37.8 billion.MORE NEWS: Dive Team Recovers Body Of Drowning Victim From Lake St. Clair
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