Buyback Bonanza: GM Cuts EV Production Forecast and Greenlights $6 Billion Share Repurchase

Detroit, MI – General Motors has revised its production forecast for electric vehicles while also approving a $6 billion share buyback plan, demonstrating the company’s commitment to both innovation and shareholder value. The decision to cut the EV production forecast comes amid a shift in consumer demand towards gas-powered vehicles, as reported by financial news outlets. Despite this adjustment, GM’s Chief Financial Officer remains optimistic about the growth of electric vehicles, claiming that the company …

Read more

Stock futures surge as Apple announces $110 billion share repurchase – all eyes on April jobs report

New York City, U.S. – Stock futures are on the rise as investors eagerly await the release of the April jobs report on Friday morning. Futures linked to the Dow Jones Industrial Average saw an increase of 212 points, amounting to a 0.55% gain. Similarly, S&P 500 futures climbed nearly 0.3%, while Nasdaq 100 futures surged approximately 0.5%. During after-hours trading, Apple shares soared over 6% following the announcement of a $110 billion share repurchase …

Read more

**UBS**: Breaking News – UBS Launches $2 Billion Share Repurchase Program

Krakow, Poland – UBS, the Swiss multinational investment bank, has recently unveiled a new share repurchase program totaling up to $2 billion. Of this amount, approximately $1 billion is expected to be utilized within the current year. The announcement came on Tuesday, with the bank stating that the share repurchases are scheduled to begin following the completion of the merger between UBS AG and Credit Suisse AG, slated for the end of the second quarter. …

Read more

Meta stock repurchase plan announced at headquarters Trapping $50 Billion – Shareholders in for the Win!

MENLO PARK, CALIFORNIA – Tech giants like Meta, Amazon, and Alphabet are shifting their focus from aggressive growth to more disciplined cash management. After a year of layoffs and capital preservation, Meta recently announced that it will pay a quarterly dividend and authorize a $50 billion stock repurchase plan for the first time in its history. This move reflects a recognition within the tech industry that investors value cash above all else. The trend is …

Read more