Daimler Seeks Approval for Possible 10% Share Buyback
2015-02-17 14:29:14.956 GMT
By Dorothee Tschampa
(Bloomberg) -- Share repurchase authorization to be valid
through March 31, 2020, and would replace five-year clearance
expiring in April 2015, co. says in invitation to annual
shareholders meeting.
* Buyback can be made via stock exchange, public offering or
derivatives
* Co. also seeks authorization through March 2020 to sell as
much as EU10b in convertible bonds or bonds with warrants
with maximum 10 yr maturity
* Daimler proposes supervisory board member Paul Achleitner
for re-election
* NOTE: Annual meeting is scheduled for April 1 in Berlin
* NOTE Feb. 5: Daimler Quarterly Profit Beats Estimates on S-
Class Demand
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To contact the reporter on this story:
Dorothee Tschampa in Frankfurt at +49-69-9204-1214 or
dtschampa@bloomberg.net
To contact the editor responsible for this story:
Chris Reiter at +49-30-70010-6226 or
creiter2@bloomberg.net
2015-02-17 14:29:14.956 GMT
By Dorothee Tschampa
(Bloomberg) -- Share repurchase authorization to be valid
through March 31, 2020, and would replace five-year clearance
expiring in April 2015, co. says in invitation to annual
shareholders meeting.
* Buyback can be made via stock exchange, public offering or
derivatives
* Co. also seeks authorization through March 2020 to sell as
much as EU10b in convertible bonds or bonds with warrants
with maximum 10 yr maturity
* Daimler proposes supervisory board member Paul Achleitner
for re-election
* NOTE: Annual meeting is scheduled for April 1 in Berlin
* NOTE Feb. 5: Daimler Quarterly Profit Beats Estimates on S-
Class Demand
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Dorothee Tschampa in Frankfurt at +49-69-9204-1214 or
dtschampa@bloomberg.net
To contact the editor responsible for this story:
Chris Reiter at +49-30-70010-6226 or
creiter2@bloomberg.net