Board of Management decides to increase share capital

  • Date
    29 April 1943
  • Description
    With the consent of the Supervisory Board, the Board of Management of Daimler-Benz AG decides to increase the share capital by 30 million Reichsmarks (RM) to RM 120 million by issuing new common shares. The shares are entitled to dividends as of financial year 1943 and are offered to the holders of the old shares at a subscription ratio of 1 for 3 and a price of 130 %. The Annual Shareholders' Meeting on 8 June approves the distribution of a dividend of 6 % on RM 90 million in common shares for financial year 1942.