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Saturday, January 8, 2022

Daimler Truck Group -- January 8, 2022

Daimler-Benz recently split their vehicle manufacturing business into two companies, spinning off the Daimler Truck Group. That closed a few weeks ago. I can't recall; I must have talked about on the blog. Whatever.

It took awhile for the ADRs to appear in US equity markets, but it appears to be there now.

Merrill Lynch had a "spaceholder" for the ticker about ten days ago. ML has now updated that spaceholder to what appears to be the "official" ticker for the Daimler Truck Group ADR: DTGHF.

The other company, the "original/old" company, Daimler A, the ticker symbol remains: DDAIF.

Schwab does not yet show it on their website. Maybe Monday?

A reader writers that Yahoo!Finance now tracks DTGHF. It looks like it began trading on US equity markets, "other OTC," on January 6, 2022. 

Pretty exciting. 

Company-issued cap:

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