Ally Financial (ALLY) Suspends Share Buyback Plan
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Ally Announces Suspension of Share Repurchase Program
March 17, 2020 1:50 PM EDTCHARLOTTE, N.C., March 17, 2020 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today announced that it will suspend its repurchases of common stock for the remaining period of the first quarter and second quarter of 2020.
Ally is committed to 'Do It Right' for its stakeholders and is actively supporting customers, employees, and communities in this unprecedented environment. This voluntary action is being taken to support the Federal Reserve's effort to mitigate the impact of the COVID-19 pandemic on the U.S. economy and... More
