Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Thursday, August 30, 2007

Daimler Announces 10% Buyback of Stock

DaimlerChrysler (soon to be Daimler) announced a 10% stock buyback because of "excess liquidity" after its sale of Chrysler.  It also said it expects improved earnings, despite a drop in second quarter net income.  WSJ, Daimler Plans Stock Buyback,Issues Upbeat Outlook.

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