The commercial vehicle manufacturer Daimler Truck wants to buy back more shares. From the second half of 2025, own shares on the market are to be purchased for up to 2 billion euros, the DAX company announced on Monday after the Aviation Closing in Leinfelden-Echterdingen. The program should run over a period of up to two years.
The board and supervisory board based their decision on the authorization of the Annual General Meeting in May.
Shared returns are carried out by companies for various reasons. One is often a course cosmetics: by reducing the number of shares on the market, the value of each individual theoretically increases – and thus also the course. Shared returns should also often have a signal effect for investors: Management believes in their own company and may consider the papers to be undervalued.
After the announcement of the measure, the Daimler truck share was initially 0.4 percent on the trading platform Tradegate compared to the Xetra closing on Monday evening. On Tuesday, Daimler Truck recently noted 0.3 percent. Daimler Truck is currently on a market capitalization of almost 32 billion euros.