GM Development Investment Canada CORP sells $2.6B worth of shares
Jan 03, 2026, 11:38 AM
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What does GM do
General Motors Co., headquartered in Detroit, designs and manufactures vehicles under brands like Buick and Chevrolet, while also providing software-enabled services and financing through GM Financial. The company employs 163,000 people and focuses on electric and autonomous vehicle development.
Development Investment Canada CORP sold 73,389,831 shares of GM on 6 April at $35.61 per share, worth a total of $2.6B. They now own 0 GM shares, or a 100% holding decrease.
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