General Motors (GM) Unveiled A $20b Buyback, Is The Stock Still A Bargain?

General Motors (GM) just paired a strong third quarter earnings report with a fresh US$20b share repurchase program, while also flagging higher costs that could pressure margins into 2027 and temper investor enthusiasm. That backdrop helps explain why General Motors shares have retreated in the short term, with the 7 day share price return down 9.6% and the 30 day move down 9.4%. This comes even though the 1 year total shareholder return is nearly 10% and the 3 year total shareholder return...