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Home » GM suspends guidance, freezes share buyback on Trump tariffs

GM suspends guidance, freezes share buyback on Trump tariffs

GM put $4B in share buybacks on hold

Bloomberg NewsbyBloomberg News
April 29, 2025
in Risk Management
Reading Time: 3 mins read
0
GM suspends guidance, freezes share buyback on Trump tariffs

New Chevrolet trucks in Baltimore, Maryland, US. Photographer: Nathan Howard/Bloomberg

General Motors Co. is pulling earnings guidance for 2025 and putting $4 billion in share buybacks on hold until it has more clarity on the impact of US tariffs. The Detroit automaker’s decision to withdraw its forecast and partly suspend stock repurchasing underscores how President Donald Trump’s trade policies are upending business plans in Corporate […]

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