Advertisement
New Zealand markets closed
  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     
  • NZD/USD

    0.5939
    +0.0002 (+0.04%)
     
  • NZD/EUR

    0.5545
    -0.0001 (-0.01%)
     
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     
  • OIL

    82.83
    +0.02 (+0.02%)
     
  • GOLD

    2,321.80
    -16.60 (-0.71%)
     
  • NASDAQ

    17,526.80
    +55.33 (+0.32%)
     
  • FTSE

    8,040.38
    -4.43 (-0.06%)
     
  • Dow Jones

    38,460.92
    -42.77 (-0.11%)
     
  • DAX

    18,088.70
    -48.95 (-0.27%)
     
  • Hang Seng

    17,254.77
    +53.50 (+0.31%)
     
  • NIKKEI 225

    37,763.77
    -696.31 (-1.81%)
     
  • NZD/JPY

    92.2860
    +0.1710 (+0.19%)
     

GM to Buy Back 200M Shares As Part of Gov't Exit

General Motors says it will spend $5.5 billion to buy back 200 million shares of its stock from the Treasury. The government, in turn, plans to sell its remaining stake over the next 12 to 15 months. (Dec. 19)