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Europe's automotive suppliers navigate through stormy waters. Amid this uncertainty, Forvia (i.) has made an interesting, albeit subtle, statement. The company plans to repurchase up to one million of its own shares on the stock market between September 3 and September 18. This maneuver is strictly aimed at securing long-term employee and management incentives. Nevertheless, the signal to capital markets should not be underestimated. Following the heavily debt-financed Hella acquisition, management under CEO Patrick Koller demonstrates operational...
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