UPDATE 2-DaimlerChrysler plans up to $10 bln share buy back


(adds buyback news, details from statement, analyst, shares) By Michael Shields FRANKFURT, Aug 29 (Reuters) - DaimlerChrysler will spend up to 7.5 billion euros ($10.20 billion) to buy back nearly 10 percent of its shares, the carmaker said after reporting quarterly profit in line with market expectations. The shares bought back over the next year are to be cancelled without any reduction in the capital stock, it said. The move answers the question of what the carmaker will do to ...

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