"GM needs to compete again."
General Motors has the highest market share of any automotive manufacturer in the United States. Despite losing market share in the last 20 years, it is STILL the TOP COMPETITOR. #fail #doyourownresearch
https://www.storagecafe.com/blog/top-10-largest-car-manufacturers-in-the-us/
GM bought $10 billion in stock buybacks in November 2023.
https://fortune.com/2023/11/29/gm-stock-buyback-10-billion-electric-cars/
GM cash on hand as of December 2023: $26.46 B.
Because GM bought $10 billion in stock before this, it is presumed that GM ended the year with this much cash. READ: GM IS NOT BROKE.
https://companiesmarketcap.com/general-motors/cash-on-hand/
Stats:
There are 3,876,202 GM stocks in the wild
Current Stock Price is $43.08
GM stock has a quarterly dividend of $0.12 per share, which is PATHETIC.
GM's investor website is: https://investor.gm.com/sec-filings
The top 3 GM shareholders:
BlackRock, Inc. - 125,771,387 shares
The Vanguard Group - 110,305,628 shares
Capital Research Global Investors - 78,403,820 shares
PS Blackrock and Vanguard require DEI & ESG compliance if you were wondering where that came from.
https://www.investopedia.com/articles/insights/052316/top-4-general-motors-shareholders-gm.asp