Daimler Truck lists on Frankfurt Stock Exchange as an independent company from Daimler
By Will Hall - 6th December 2021
Germany – Stuttgart-based Daimler Truck Holding AG began trading as a separate entity to Daimler AG, on December 10, 2021, its first day of listing on the Frankfurt Stock Exchange. Daimler Truck expects its shares to be fully listed in the Regulated Market of the Frankfurt Stock Exchange in the DAX index, which has been expanded to 40 members, in Q1 2022.
Ola Källenius, Chairman of the Board of Management of Daimler AG and Mercedes-Benz AG, said: "Today marks the beginning of a new era for us. We are fully focused on building the world's most desirable cars and leading the way in electromobility and vehicle software. At the same time, the listing of Daimler Truck turns one success story into two. The historic reorganization to two "pure-play" companies is intended to unleash the full potential of both companies and create decisive added value for all sides. We wish Daimler Truck a successful future and look forward to the beginning of a new era with confidence.”
