Daimler Truck announces 2 billion eur share buyback
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FILE PHOTO: Members of the media stand beside an electric driven Actros truck at the booth of German truckmaker Daimler Truck at the IAA Transportation fair, which will open its doors to the public on September 20, 2022, in Hanover, Germany, September 19,
(Reuters) -Daimler Truck Holding, one of the world's biggest truckmakers, said on Monday it would conduct a new share buyback program worth up to 2 billion euros ($2.35 billion).
The German truckmaker will acquire its own shares over a period of up to two years, starting in the second half of 2025, it said in a statement.
($1 = 0.8520 euros)
(Reporting by Ozan Ergenay in Gdansk, editing by Maria Martinez)
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