General Motors approves USD 20.0 billion buyback for General Motors stock

Published on 10/28/2026 at 12:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue reached USD 50.02 billion for the period ended September 30, 2026. General Motors stock costs EUR 72.40, 0.14 percent above Xetra close.

Buyback and quarterly performance

General Motors approved a USD 20.0 billion repurchase authorization on October 20, 2026.
Third-quarter revenue reached USD 50.02 billion for the period ended September 30, 2026.
General Motors stock trades at EUR 72.40 at 11:55 a.m. CET at Lang & Schwarz on October 28, 2026, 0.14 percent above the Xetra close of October 27, 2026.

General Motors, US37045V1008, Illustration mit AI erstellt.

General Motors (ISIN US37045V1008) approved a USD 20.0 billion multi-year share repurchase authorization on October 20, 2026, while third-quarter revenue reached USD 50.02 billion. The company also narrowed its full-year outlook and declared a quarterly dividend, according to the General Motors release.

Buyback expands capital returns

The authorization has no expiration date and follows the completion of a USD 6.0 billion repurchase program announced in January 2026. General Motors said the board may suspend or discontinue the program at its discretion. The company had 849 million shares outstanding on September 30, 2026, down from 904 million at the end of 2025, according to the SEC filing.

What changed in the quarter

Revenue increased from USD 48.59 billion in the third quarter of 2025 to USD 50.02 billion in the third quarter of 2026. Net income attributable to stockholders rose from USD 1.33 billion to USD 3.34 billion over the same periods, while diluted GAAP earnings per share increased from USD 1.35 to USD 3.73, based on the same SEC filing.

Guidance and dividend details

General Motors narrowed full-year 2026 adjusted EBIT guidance to USD 14.5 billion to USD 15.5 billion from USD 14.0 billion to USD 16.0 billion previously. Adjusted automotive free cash flow guidance rose to USD 11.5 billion to USD 12.5 billion from USD 9.5 billion to USD 11.5 billion. The board also declared a USD 0.18-per-share dividend payable December 17, 2026, to holders of record at the close of trading on December 4, 2026.

Stock remains below its yearly high

For investors, the combination of a larger repurchase authorization and tighter operating guidance makes per-share performance a central question. General Motors stock was trading at EUR 72.40 at Lang & Schwarz on October 28, 2026 at 11:55 a.m. CET, plus 0.14 percent versus the Xetra close of October 27, 2026 at EUR 72.30. The further course of trading is shown by the continuously updated real-time quote of General Motors stock.