Mercedes Stock Revs Up on Buybacks -- WSJ

Dow Jones10-29

By Stephen Wilmot

Mercedes-Benz shares jumped after better-than-expected results gave the German automaker the confidence to restart buybacks, despite continuing challenges stemming from U.S. tariffs and intense competition in China.

The company said it would repurchase shares worth up to 2 billion euros, about $2.3 billion, over the coming 12 months as part of a commitment to give all its free cash flow to shareholders.

Quarterly profit came in 17% below last year's result, stripping out restructuring and other one-time costs, after a 12% fall in car sales. Mercedes kept its guidance for its 2025 results to be "considerably below" last year's.

Mercedes is managing "a highly dynamic business environment, from tariffs and political disruptions to intense competition in China and to heterogeneous EV adoption around the world," said Chief Executive Ola Källenius.

The company said it expects higher tariffs to cost its core car division up to 2% of revenue this quarter and into next year, implying an annual bill in the region of $2 billion.

Unlike its crosstown rival Porsche, which last week said it would increase prices in the U.S., Mercedes sounded a tentative note on its potential to pass the cost onto American car buyers.

"We take a prudent and cautious approach with the customer in mind," said Källenius.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

October 29, 2025 07:46 ET (11:46 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2579970417?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-29 19:46","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2579970417","market":"sg","top_or_hot":-1,"title":"Mercedes Stock Revs Up on Buybacks -- WSJ","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Stephen Wilmot \n</p>\n<p>\n     Mercedes-Benz shares jumped after better-than-expected results gave the German automaker the confidence to restart buybacks, despite continuing challenges stemming from U.S. tariffs and intense competition in China. \n</p>\n<p>\n     The company said it would repurchase shares worth up to 2 billion euros, about $2.3 billion, over the coming 12 months as part of a commitment to give all its free cash flow to shareholders. \n</p>\n<p>\n     Quarterly profit came in 17% below last year's result, stripping out restructuring and other one-time costs, after a 12% fall in car sales. Mercedes kept its guidance for its 2025 results to be \"considerably below\" last year's. \n</p>\n<p>\n     Mercedes is managing \"a highly dynamic business environment, from tariffs and political disruptions to intense competition in China and to heterogeneous EV adoption around the world,\" said Chief Executive Ola <a href=\"https://laohu8.com/S/TKKD.SI\">K</a>ällenius. \n</p>\n<p>\n     The company said it expects higher tariffs to cost its core car division up to 2% of revenue this quarter and into next year, implying an annual bill in the region of $2 billion. \n</p>\n<p>\n     Unlike its crosstown rival Porsche, which last week said it would increase prices in the U.S., Mercedes sounded a tentative note on its potential to pass the cost onto American car buyers. \n</p>\n<p>\n     \"We take a prudent and cautious approach with the customer in mind,\" said Källenius. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 29, 2025 07:46 ET (11:46 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mercedes Stock Revs Up on Buybacks -- WSJ</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMercedes Stock Revs Up on Buybacks -- WSJ\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-10-29 19:46</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By Stephen Wilmot \n</p>\n<p>\n     Mercedes-Benz shares jumped after better-than-expected results gave the German automaker the confidence to restart buybacks, despite continuing challenges stemming from U.S. tariffs and intense competition in China. \n</p>\n<p>\n     The company said it would repurchase shares worth up to 2 billion euros, about $2.3 billion, over the coming 12 months as part of a commitment to give all its free cash flow to shareholders. \n</p>\n<p>\n     Quarterly profit came in 17% below last year's result, stripping out restructuring and other one-time costs, after a 12% fall in car sales. Mercedes kept its guidance for its 2025 results to be \"considerably below\" last year's. \n</p>\n<p>\n     Mercedes is managing \"a highly dynamic business environment, from tariffs and political disruptions to intense competition in China and to heterogeneous EV adoption around the world,\" said Chief Executive Ola <a href=\"https://laohu8.com/S/TKKD.SI\">K</a>ällenius. \n</p>\n<p>\n     The company said it expects higher tariffs to cost its core car division up to 2% of revenue this quarter and into next year, implying an annual bill in the region of $2 billion. \n</p>\n<p>\n     Unlike its crosstown rival Porsche, which last week said it would increase prices in the U.S., Mercedes sounded a tentative note on its potential to pass the cost onto American car buyers. \n</p>\n<p>\n     \"We take a prudent and cautious approach with the customer in mind,\" said Källenius. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 29, 2025 07:46 ET (11:46 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MBGYY","symbol_name":"Mercedes Benz Group AG","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2579970417","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2579970417","pubTimestamp":1761738360,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Mercedes-Benz shares jumped after better-than-expected results gave the German automaker the confidence to restart buybacks, despite continuing challenges stemming from U.S. tariffs and intense competition in China.The company said it would repurchase shares worth up to 2 billion euros, about $2.3 billion, over the coming 12 months as part of a commitment to give all its free cash flow to shareholders.Quarterly profit came in 17% below last year's result, stripping out restructuring and other one-time costs, after a 12% fall in car sales. Mercedes kept its guidance for its 2025 results to be \"considerably below\" last year's.Mercedes is managing \"a highly dynamic business environment, from tariffs and political disruptions to intense competition in China and to heterogeneous EV adoption around the world,\" said Chief Executive Ola Kllenius.The company said it expects higher tariffs to cost its core car division up to 2% of revenue this quarter and into next year, implying an annual bill ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"MBGYY":"Mercedes Benz Group AG","BK4099":"汽车制造商"},"translate_title":"梅赛德斯股价因回购而上涨——《华尔街日报》","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MBGYY":0.9},"content_text":"By Stephen Wilmot \n\n\n     Mercedes-Benz shares jumped after better-than-expected results gave the German automaker the confidence to restart buybacks, despite continuing challenges stemming from U.S. tariffs and intense competition in China. \n\n\n     The company said it would repurchase shares worth up to 2 billion euros, about $2.3 billion, over the coming 12 months as part of a commitment to give all its free cash flow to shareholders. \n\n\n     Quarterly profit came in 17% below last year's result, stripping out restructuring and other one-time costs, after a 12% fall in car sales. Mercedes kept its guidance for its 2025 results to be \"considerably below\" last year's. \n\n\n     Mercedes is managing \"a highly dynamic business environment, from tariffs and political disruptions to intense competition in China and to heterogeneous EV adoption around the world,\" said Chief Executive Ola Källenius. \n\n\n     The company said it expects higher tariffs to cost its core car division up to 2% of revenue this quarter and into next year, implying an annual bill in the region of $2 billion. \n\n\n     Unlike its crosstown rival Porsche, which last week said it would increase prices in the U.S., Mercedes sounded a tentative note on its potential to pass the cost onto American car buyers. \n\n\n     \"We take a prudent and cautious approach with the customer in mind,\" said Källenius. \n\n\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n  (END) Dow Jones Newswires\n\n\n  October 29, 2025 07:46 ET (11:46 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2579970417","isCrawlerRequest":true}