Frequently Asked Questions: Stockholder Information
- Q: Do any of General Motors Company’s publicly available securities pay dividends?
Declaration of any dividend on our common stock or Series B preferred stock is at the sole discretion of the General Motors Board of Directors. We have no current plans to pay dividends on our common stock.
We expect to pay holders of shares of our Series B preferred stock, cumulative dividends at the rate per annum of 4.75% on the liquidation preference of $50 per share. These dividends are payable in cash, and/or shares of our common stock (subject to certain restrictions). Dividends on the Series B preferred stock will be payable quarterly on March 1, June 1, September 1, and December 1 of each year to and including the mandatory conversion date, commencing March 1, 2011.
- Q: Who is General Motors Company’s stock transfer agent and what is their role?
General Motors Company’s registrar and stock transfer agent is Computershare Trust Company, N.A. Computershare maintains the record of GM’s stock ownership by registered stockholders (those whose accounts are maintained in their name by Computershare). If you are a registered stockholder and need assistance with your account, such as updating your mailing address, obtaining stock account information or transferring your stock, please contact Computershare by telephone, toll-free at 888-887-8945. Stockholders outside the United States, Canada, or Puerto Rico may call 1+781-575-3334, automated information is available 24 hours a day. Computershare phone representatives are available Monday through Friday from 9 a.m. to 6 p.m. ET.
Registered stockholders can access their accounts via the Internet at www.computershare.com/gm to view share balance, current market value, historical stock prices, and frequently asked questions and to download and print forms. If you need help with your stock account held through a brokerage firm, contact your broker directly for assistance.
- Q: Is it possible to get a stock certificate for my share holdings?
- A: General Motors Company does not issue stock certificates. Rather, GM uses a form of registered stock ownership called book entry or Direct Registration Profile System (DRS). The book-entry owners of the security are registered on the books of the company and, in lieu of certificates, stockholders receive statements of holding. Book-entry ownership is more convenient for investors because it eliminates the risk of lost or stolen certificates and the cost to replace the lost or stolen certificates, and the sale or transfer of the stock is simplified.
- Q: Did the old General Motors Corporation common stock, CUSIP 370442105, become the new General Motors Company common stock and, if not, does the stock currently have any value?
- A: No. The old GM Corporation common stock became Motors Liquidation Company common stock in June 2009, and traded as MTLQQ on the over the counter market until the confirmed bankruptcy plan cancelled the shares on March 31, 2011. The stockholders did not receive any consideration for their holdings and the stock no longer has value.
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