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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 buy back up to 1 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 capability...
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