: GM’s stock soars 7% after company unveils $10 billion share buyback and plan to hike dividend by 33%

General Motors Co.’s stock soared 7% early Wednesday, after the car maker unveiled plans to reward its shareholders generously now that labor strikes are out of the way.

The company GM said it’s reinstating 2023 guidance that it pulled in the third quarter amid the uncertainty about the strikes, planning a $10 billion accelerated share buyback program and a 33% increase in its dividend starting with the January declaration.

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Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

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