Daimler wraps up share buyback for just 6.2 bln eur

Newswire

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 ...

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