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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Mercedes-Benz Group AG confirmed its annual outlook and said it will proceed with a €2 billion ($2.3 billion) share buyback after the luxury-car maker defended its profitability in the third quarter. The manufacturer’s adjusted return on car sales rose to 4.8% in the period, within the range it sees for the full year. The buyback will happen over a period of 12 months, the automaker said Wednesday.
