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GM repurchases $2.1B in stock 12/16/10

http://www.detnews.com/article/20101216/AUTO01/12160366/1148/auto01/GM-repurchases-$2.1B-in-stock

U.S. still holds 33% of firm; might lose about $10B of $49.5B invested

By David Shepardson; The Detroit News ~ Dec 16, 2010

 

Washington— General Motors Co. repurchased $2.1 billion in preferred stock held by the Treasury Department Wednesday, bringing GM's repayments to $23.1 billion.

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