Treasury Says GM Buys Back Preferred Shares

WASHINGTON—The U.S. Treasury said Wednesday that General Motors Co. had completed the repurchase of preferred stock issued to the government as part of the car maker's U.S. bailout last year.

In late October, the Obama administration announced that GM would buy back $2.1 billion in preferred stock held by the Treasury.

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U.S. Says GM Buys Back Preferred Shares

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