Business News • MarketWire • GM Redeems All Outstanding Series A Preferred Shares Managed by Brock Fiduciary Services on Behalf of UAW Retiree Medical Benefits Trust

GM Redeems All Outstanding Series A Preferred Shares Managed by Brock Fiduciary Services on Behalf of UAW Retiree Medical Benefits Trust

GM Redeems All Outstanding Series A Preferred Shares Managed by Brock Fiduciary Services on Behalf of UAW Retiree Medical Benefits Trust

NEW YORK, NY--(Marketwired - January 02, 2015) - Brock Fiduciary Services, the independent fiduciary responsible for the management and disposition of General Motors Co. (GM) securities held by the UAW Retiree Medical Benefits Trust (UAW VEBA), announced today that GM has redeemed all 140 million shares of Series A Preferred Stock held by the UAW VEBA for an aggregate liquidation amount of $3.514 billion, including accumulated dividends.

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