WASHINGTON, D.C. — The U.S. Department of the Treasury’s ownership in Ally Financial continues to shrink. Treasury officials on Friday announced the completion of the first pre-defined written trading plan for Ally common stock. The Treasury said it sold 8,890,000 shares and recovered approximately $218.7 million for taxpayers.

 

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US Treasury Reduces Ally Stake to 13.8%

WASHINGTON, D.C. — The U.S. Department of the Treasury’s ownership in Ally Financial continues to shrink. Treasury officials on Friday announced the completion of the first pre-defined written trading plan for Ally common stock. The Treasury said it sold 8,890,000 shares and recovered approximately $218.7 million for taxpayers.

 

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Read more here



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