India, Oct. 20 -- Shares of General Motors Co. were losing around 6 percent in the pre-market activity on the NYSE after the automajor revised its fiscal 2026 earnings view, raising the lower end of range, but trimming the higher end. This was despite reporting strong growth in third-quarter earnings.
The firm also announced a new $20 billion multi-year share repurchase program and declared quarterly dividend.
In pre-market activity on the NYSE, the shares were trading 5.72 percent lower at $77.99.
For fiscal 2026, the company now expects net income attributable to stockholders to be $8.9 billion to $9.5 billion or $9.72 to $10.72 per share. The previous estimate was $8.4 billion to $9.8 billion or $8.98 to $10.98 per share.
The firm no...