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Mercedes to Start 1 Billion Euro Share Buyback Programme
The programme extends capital returns as Mercedes balances shareholder payouts with investments in electric vehicles and software.
Summary by Business Times
6 Articles
6 Articles
Mercedes-Benz will proceed with a share buyback worth up to 1 billion euros, starting this week.
Mercedes-Benz shares have fallen 25 percent so far this year. Now the pressured car manufacturer, led by Swede Ola Källenius, is launching a buyback program worth over the equivalent of SEK 10 billion.
Automaker Mercedes-Benz is once again buying back its own shares for up to one billion euros, which is behind the move.
·Düsseldorf, Germany
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Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
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