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10 billion / 4250= 2.3 million From Motley Fool: GM targets a cash reserve of $18 billion, and returns any free cash above that number to shareholders via div
by devoply 8y ago
10 billion / 4250= 2.3 million
From Motley Fool:
GM targets a cash reserve of $18 billion, and returns any free cash above that number to shareholders via dividends and an ongoing stock-repurchase program. Since 2012, it has returned about $25 billion.
Why you wouldn't take that 25 billion and invest it in AI and electric cars is baffling to me.