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General Motors Company : Ally Financial to Sell About $1 Billion in Common Stock -CNBC

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08/16/2013 | 06:11pm CET

Ally Financial Inc. plans to sell about $1 billion of its common stock, possibly as early as later Friday, CNBC reported, citing people familiar with the matter.

Proceeds from the offering could be used to pay back the Treasury Department for its holding of a convertible preferred stake in Ally as well as boosting the company's capital levels.

Full story at: www.cnbc.com

Write to nymonitoring@dowjones.com

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Financials ($)
Sales 2017 165 443 M
EBIT 2017 10 985 M
Net income 2017 8 814 M
Finance 2017 10 249 M
Yield 2017 4,30%
P/E ratio 2017 6,33
P/E ratio 2018 6,11
EV / Sales 2017 0,27x
EV / Sales 2018 0,27x
Capitalization 55 275 M
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Mean consensus HOLD
Number of Analysts 22
Average target price 39,0 $
Spread / Average Target 5,7%
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NameTitle
Mary Teresa Barra Chairman & Chief Executive Officer
Daniel Ammann President
Charles K. Stevens Chief Financial Officer & Executive Vice President
Randall D. Mott Chief Information Officer & Senior Vice President
Patricia Fiorello Russo Independent Director
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