Aptiv Drives Shareholder Returns With a $5 Billion Repurchase – Buyback Wednesdays

Aptiv was spun out from General Motors (GM) on December 5, 2017. This spin-off occurred when Delphi Automotive, which was a subsidiary of GM, changed its name to Aptiv PLC and simultaneously completed the spin-off of its powertrain segment into a new independent publicly traded company called Delphi Technologies PLC. 

The spin-off was part of GM’s broader strategy to streamline its core automotive operations and reduce operational complexity. Aptiv offers advanced safety systems, electrification solutions, and vehicle connectivity to the automotive industry.

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