08:07 AM EDT, 04/29/2025 (MT Newswires) -- General Motors ( GM ) is withdrawing its earnings guidance for 2025 and pausing its $4 billion share buyback program until it has more clarity on the impact of US tariffs, Bloomberg reported Tuesday, citing a call with Chief Financial Officer Paul Jacobson.
The company said in a press release Tuesday it is rescheduling its Q1 earnings conference call for 8:30 a.m. ET on May 1 due to "recent reports regarding updates to trade policy."
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)