Cycle Trading

[jaws57]

I wonder how immediate is "immediately. 10B is about 345M shares at Y close. Seems like the price should have gone up more. The profit is now split between 25% fewer shares. EPS once the shares bgt back is better by 33%

Additionally, the company is launching a swift $10 billion share buyback, according to CNBC. "GM will immediately receive and retire $6.8 billion worth of its common stock," the report said.