Supervisory Board approves capital increase
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- Date: January 1942
- Description: With the consent of the Supervisory Board, the Board of Management of Daimler-Benz AG decides to increase the share capital to 75.22 million Reichsmarks (RM) by issuing new common shares with a par value of RM 25 million. The shares are entitled to dividends as of financial year 1942 and are offered to the holders of the old common shares at a subscription ratio of 1 for 2 and a price of 135 %. Subsequent to the capital increase the Supervisory Board elects to adjust the share capital by 20 % to RM 90.26 million.
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