• yobo9193@alien.topB
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    10 months ago

    Where in the article does it say they are revising their buyback plan? Because this article (and others) clearly state that the buyback announcement is new

    • guy-anderson@alien.topB
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      10 months ago

      GM’s new guidance reduced expected net income attributable to stockholders for 2023 to a range of $9.1 billion to $9.7 billion, compared to the previous outlook of $9.3 billion to $10.7 billion.

      So their previous guidance (how much they predicted for a year) was replaced with new guidance.

      The article actually never says the $10 billion is new. It just heavily implies it.