Shareholders' Meeting restructures the finances

  • Date
    16 December 1932
  • Description
    The Ordinary Shareholders' Meeting of Daimler-Benz AG votes to dissolve the reserves of 2.27 million Reichsmarks (RM) and reduce the share capital to RM 43.62 million by recalling common shares with a par value of RM 6.74 million. Both measures only partly cover the losses incurred in the 1931 financial year.
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