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Showing posts with label Joe Kaeser. Show all posts
Showing posts with label Joe Kaeser. Show all posts

November 08, 2013

Siemens splashes out on buyback as new CEO works on strategy

BERLIN: Siemens' new Chief Executive Joe Kaeser promised on Thursday to buy back up to 4 billion euros ($5.4 billion) worth of shares while asking investors for patience as he works out a strategy by May to close a gap with more profitable rivals.