Par value of Daimler-Benz share reduced considerably
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- Date: 22 May 1996
- Description: The Annual Shareholders' Meeting of Daimler-Benz AG votes to reduce the par value of the Daimler-Benz share from DM 50 to DM 5. The intention is to enhance the attractiveness of the share especially for private investors and reduce barriers to variable-price trading.