- GM board approved $20 billion share-repurchase plan
- Shares fell 5% in morning trading
- Full-year adjusted EPS guidance narrowed to $12.75-$13.75 from $12-$14
GM shares fell 5% after the automaker narrowed guidance and warned of a challenging 2027, overshadowing a new $20 billion buyback plan. Revenue rose 3% in Q3 but sales volumes declined. CEO Mary Barra cited rising costs and economic uncertainty.
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