GM board approves $20 billion stock buyback after earnings beat estimates

What happened: GM's board approved a $20 billion stock buyback after the automaker beat earnings estimates. Key numbers: $20 billion buyback. 2026 profit forecast narrowed. Adjusted free cash flow range raised to $11.5 billion to $12.5 billion. Why it matters: The buyback follows an earnings beat, and the company raised its adjusted free cash flow range while narrowing its 2026 profit forecast.

GM's board approved a $20 billion stock buyback after the automaker beat earnings estimates.

The buyback follows an earnings beat, and the company raised its adjusted free cash flow range while narrowing its 2026 profit forecast.