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General Motors: Will Purchase $35,000,000 of Its Common Stock for Second Managers Securities Plan

Barron's (Chicopee, Mass.), 1927-04, Vol.7 (16), p.8

Copyright Dow Jones & Company Inc Apr 18, 1927 ;ISSN: 1077-8039 ;EISSN: 2769-9692

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  • Title:
    General Motors: Will Purchase $35,000,000 of Its Common Stock for Second Managers Securities Plan
  • Subjects: Earnings ; Purchasing ; Sales ; Stockholders
  • Is Part Of: Barron's (Chicopee, Mass.), 1927-04, Vol.7 (16), p.8
  • Description: The General Motors Corporation has notified stockholders of intention to purchase $35,000,000 common before end of 1930, to provide stock to be sold to its various executives under Managers Securities Co. plan. Present plan expires in four years, and it is then the intention to make an arrangement, similar to the one now in effect, with some of its younger executives. Stock will be purchased gradually, and it is the intention to submit the entire plan to stockholders for approval.
  • Publisher: Boston, Mass: Dow Jones & Company Inc
  • Language: English
  • Identifier: ISSN: 1077-8039
    EISSN: 2769-9692
  • Source: ProQuest Central
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