April 27, 2020 / 12:16 PM / a month ago

GM suspends dividend, share buybacks as coronavirus hits sales

April 27 (Reuters) - General Motors Co said on Monday the automaker has suspended its quarterly cash dividend on its common stock and its share buybacks to save cash in the face of the coronavirus crisis.

The company also said it had extended a three-year revolving credit agreement for $3.6 billion to April 2022. (Reporting by Ankit Ajmera in Bengaluru; Editing by Ramakrishnan M.)

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