(Reuters) – General Motors Co mentioned about Wednesday it might purchase back 210 million of its shares within the U.S. Treasury, that intends to market the rest of its GM stake over the upcoming 15 months, delivering to an end ownership which led to the nickname "Government Motors." Chief Financial Officer Dan Ammann mentioned GM pays $ 5.5 billion, or $ 27.50 a share, for the Treasury stake inside a deal expected to close by year-end. That represents a 7.9 percent premium about Tuesday's closing cost. GM shares rose 8.7 % to $ 27.72 inside premarket dealings. Treasury mentioned it usually market its remaining stake of regarding 300. …
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