Menu

Tag: Preferred shares

General Motors’ IPO becomes the world’s largest-ever

General Motors Company (GM) announced on 26 November 2010 that the value of both the common and preferred stock sold in its IPO by its selling shareholders, including the US Department of the Treasury, reached US$23.1 billion, following the exercise of the over-allotment options under both offerings. read

, , , , , Global, NYSE, Over-allotment options... +3 more