FRANKFURT, March 31 (Reuters) - Daimler AG has completed its share repurchase programme, buying back just under 100 million shares or 10 percent of its basic capital for nearly 6.2 billion euros ($9.78 billion), it said on Monday. It paid an average price of 62.11 euros per share, it said. The share was down 1.7 percent at 53.97 euros at 1523 GMT. The carmaker had said last year it would spend up to 7.5 billion euros to buy back nearly 10 percent of its outstanding shares. (Reporting by ...
Premium Content (PAID Subscription Required)
"Daimler wraps up share buyback for just 6.2 bln eur" 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 WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642