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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