GM suspends dividend, share buybacks as coronavirus hits sales

Shares of GM were 1.4% lower at $21.65 before the bell. “We continue to enhance our liquidity to help navigate the uncertainties in the global market created by this pandemic,” said GM Chief Financial Officer Dhivya Suryadevara. GM, which has been forced to shut some production in North America along with other car makers, had earlier said it has postponed work on at least half a dozen future models to conserve cash during the pandemic. …read more

Source:: Yahoo Finance

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