Cancel 2018. 3
<-- sched 2, MJ sched 1
“I received common shares paying absolutely no dividends at $32/share and they have since deteriorated,” Richard Wills, a GM investor who’s frustrated with the lack of return on his investment, said at GM’s annual meeting.
“Now you have made billions of dollars. We are putting money into plants; we are funding the pension fund, this is all very good but I frankly doubt that I will ever buy another GM product,” he added.
This pretty much sums up the mood among many GM shareholders.
“You can’t blame Wills or other GM shareholders for being upset. Many bought the stock at or close to the $33 IPO price in 2010. Since then the stock has lost more than a third of its value,” writes CNBC correspondent Phil LeBeau.
http://www.theblaze.com/stories/ira...-arent-seeing-any-return-on-their-investment/
“Now you have made billions of dollars. We are putting money into plants; we are funding the pension fund, this is all very good but I frankly doubt that I will ever buy another GM product,” he added.
This pretty much sums up the mood among many GM shareholders.
“You can’t blame Wills or other GM shareholders for being upset. Many bought the stock at or close to the $33 IPO price in 2010. Since then the stock has lost more than a third of its value,” writes CNBC correspondent Phil LeBeau.
http://www.theblaze.com/stories/ira...-arent-seeing-any-return-on-their-investment/