Daimler Truck Launches EUR2 Billion Share Buyback Program

Daimler Truck Holding AG is launching a EUR2 billion share buyback program. The company specializes in designing, manufacturing, and marketing trucks and buses under various brands, including Mercedes-Benz, Fuso, Freightliner, and BharatBenz. Net sales are distributed across various regions, including Germany, Europe, the United States, and Asia. The buyback program aims to return value to shareholders and potentially increase the company's share price.

Daimler Truck Holding AG, a leading manufacturer of trucks and buses under brands such as Mercedes-Benz, Fuso, Freightliner, and BharatBenz, has announced a new share buyback program. The program, authorized by the company's shareholders' meeting on May 27, 2025, aims to repurchase up to €2 billion worth of shares over a period of up to two years, starting in the second half of 2025. The buyback program is subject to the approval of the Supervisory Board and is limited to a maximum of ten percent of the share capital until May 26, 2030.

The share buyback program is intended to return value to shareholders and potentially boost the company's share price. Daimler Truck Holding AG's decision to initiate this program reflects its commitment to enhancing shareholder returns and maintaining a strong financial position. The company's diverse revenue streams, including sales in Germany, Europe, the United States, and Asia, provide a stable foundation for this initiative.

This announcement comes as part of Daimler Truck Holding AG's broader strategy to optimize its capital structure and improve shareholder value. The company's focus on operational efficiency and technological innovation, as seen in its product portfolio, positions it well to capitalize on the growing global demand for commercial vehicles.

References:
[1] https://www.tradingview.com/news/eqs:a09f6b749094b:0-daimler-truck-holding-ag-announces-new-share-buyback-program/