Macro Finance
GM Narrows 2026 Profit Forecast, Boosts Share Buyback
Bloomberg Markets·October 20, 2026·1 min read
General Motors narrowed its full-year profit forecast amid softening sales and announced a $20 billion share buyback. CFO Paul Jacobson discussed the results on Bloomberg Surveillance. The move signals confidence in cash flow despite weaker demand, as the automaker balances returning capital to shareholders with navigating a cooling market.
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