Continental CEO rules out share buyback - paper


FRANKFURT, Dec 28 (Reuters) - German tyre and car parts maker Continental AG has ruled out buying back the company's own shares, its chief executive told Die Welt. "We want to grow, not to shrink. That's exactly the case by most companies which buy back own shares," Manfred Wennemer said in a summary copy of the newspaper's Friday edition. Continental ruled out a share buyback earlier this year, despite its strong cash flows. Its shares ended unchanged at 88 euros on Thursday, broadly ...

Premium Content (PAID Subscription Required)

"Continental CEO rules out share buyback - paper" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Jan 18, 2018

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×