Total Return on Ally Investment approximately $1.1 billion
WASHINGTON—(ENEWSPF)—October 17, 2014. The U.S. Department of the Treasury today announced the completion of its second pre-defined written trading plan for Ally Financial Inc. (“Ally”) common stock. Treasury sold 11,249,044 shares and recovered approximately $245.5 million for taxpayers. With the conclusion of the second trading plan, Treasury now holds approximately 54.9 million shares of common stock, or approximately 11.4 percent, of Ally.
The conclusion of Treasury’s second…
