Friday, September 30, 2022

General Motor's South Korean unit issues $804 million in new preferred shares

General Motor's South Korean unit issues $804 million in new preferred shares
SEOUL (Reuters) – General Motors’ (GM.N) South Korean unit said on Monday that it plans to issue preferred shares worth 863 billion won ($803.69 million). GM Korea said in a regulatory filing that about 25.4 million new preferred shares will be issued in June.