GM pays U.S. Treasury $2.1 billion for preferred shares

WASHINGTON (Reuters) -- General Motors Co. has completed the buyback of the government's holdings of GM preferred stock issued in the automaker's bailout for $2.1 billion, the U.S. Treasury Department said today.
The repurchase brings GM's total repayments to U.S. taxpayers to $23.1 billion, including $13.5 billion received from the automaker's initial public offering last month, the Treasury