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المشهد العربي
Mercedes-Benz initiates share buyback
Mercedes-Benz has launched a share repurchase program worth up to one billion euros (1.16 billion dollars) aimed at boosting shareholder returns, despite challenges from declining sales in the Chinese market and increased competition. The program begins in early September and runs until April, with transactions carried out through an independent banking institution. It may be temporarily paused during November and March to allow employees to purchase company shares.
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