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Daimler Truck Debuts On The Frankfurt Stock Exchange

TNI || New Delhi || 10th Dec 2021

Daimler Truck which spun off from Daimler Group, has announced today it’s listing on the Frankfurt Stock Exchange.

The shares of the newly listed company opened at $31.62 on its debut. Martin Daum, Chairman of the board of management at Daimler Truck Holding AG, said that for 125 years, their truck and bus segment was a part of the group.

Now that has become an independent and a listed company. He thanked the entire team for the unparalleled commitment over the last few months to make this happen.

He called the day a starting line as things are now really going to get started for Daimler Truck.

They will now be looking forward to using those creative opportunities an independent company has.

Ola Kallenius, Chairman of the board of Daimler AG and Mercedes-Benz AG, said that the day marks the beginning of a new era for them.

He added that not only are they focused on building the world’s most desirable cars and have led the way on electromobility, but the listing of Daimler Truck has turned one success story into two.