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GM Announces $20B Share Repurchase, Raises 2026 Cash Flow

By Drooid · Oct 20, 2026, 3:28 PM UTC · How we work

Summary

Story summary

General Motors announced a $20 billion multiyear share repurchase program after completing a $6 billion buyback.
General Motors narrowed its 2026 adjusted earnings-per-share outlook to $12.75-$13.75, down from $12-$14.
General Motors raised its 2026 adjusted automotive free cash-flow target to $11.5-$12.5 billion, up from $9.5-$11.5 billion.
General Motors posted third-quarter adjusted earnings per share of $3.70, beating the $3.63 consensus.
General Motors posted third-quarter revenue of $50.02 billion, surpassing the $48.7 billion estimate.

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Story summary

General Motors announced a $20 billion multiyear share repurchase program after completing a $6 billion buyback.
General Motors narrowed its 2026 adjusted earnings-per-share outlook to $12.75-$13.75, down from $12-$14.
General Motors raised its 2026 adjusted automotive free cash-flow target to $11.5-$12.5 billion, up from $9.5-$11.5 billion.
General Motors posted third-quarter adjusted earnings per share of $3.70, beating the $3.63 consensus.
General Motors posted third-quarter revenue of $50.02 billion, surpassing the $48.7 billion estimate.