General Motors has retired 500 million shares worth $30 billion over five years, fueling investor returns amid strong truck and SUV demand.
General Motors (NYSE: GM) stock has climbed 116% over the past three years, outpacing the S&P 500’s 21% gain in the last 12 months. The automaker’s performance is driven by high-margin truck and SUV sales, generating significant cash flow for shareholder returns.
Over the past five years, GM has reduced its shares outstanding by 500 million, valued at $30 billion, through buybacks. While Ford (NYSE: F) attracts attention for its 4.2% dividend yield, GM’s buyback strategy has quietly delivered substantial value to investors.
The company’s focus on lucrative vehicle segments and share repurchases positions it for continued growth, contrasting with Ford’s dividend-driven approach.