Mercedes-Benz Group plans a €3 billion ($3.24bn) share buyback.

Mercedes-Benz Group plans to launch a share buyback program of up to €3 billion ($3.24 billion), following a cash flow surge and building on a separate buyback of up to €4 billion from last year. The move is part of the company's shareholder-focused strategy, reflecting the trend among carmakers to increase shareholder returns due to pent-up demand following years of supply chain disruptions.