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Mercedes-Benz announces up to EUR 3B share buyback program
The Fly

Mercedes-Benz announces up to EUR 3B share buyback program

Mercedes-Benz Group said it will implement a share buyback policy and conduct a further share buyback program. The future free cash flow from the industrial business generated beyond the 40% dividend payout ratio of net income shall be used to fund share buybacks with the purpose of redeeming shares, the company announced. n this context, Mercedes-Benz Group has resolved to conduct a further share buyback program, through which it is intended to acquire own shares worth up to EUR 3B on the stock exchange and to then cancel them.

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