Daimler AG stock has fallen 82 percent - Dodge Nitro Forum
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post #1 of 1 (permalink) Old 10-26-2008, 07:59 AM Thread Starter
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Daimler AG stock has fallen 82 percent

Oct. 24

Daimler AG, the world's second- largest maker of luxury cars, may restart its 6 billion-euro stock buyback program as soon as financial markets unfreeze in order to take advantage of its low share price

Daimler's stock has fallen 82 percent since hitting a brief peak 12 months ago following the sale of former U.S. arm Chrysler LLC and has lost about two thirds since the ill-fated acquisition of Chrysler in 1998. Over the last 12 months, the Bloomberg Europe Autos Index has fallen 45 percent.

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Bloomberg.com: Germany

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