DHL bolsters buyback plan and confirms outlook after Q2 beat
DHL bolsters buyback plan and confirms outlook after Q2 beat Aug 5 (Reuters) - German logistics group DHL DHLn.DE increased its share buyback programme by €500 million ($577 million) after its second-quarter results beat market expectations on Wednesday.
Launched in 2022, the programme will now amount to up to €6.5 billion and run until the end of 2027, the group said.
DHL also confirmed its full-year guidance, last upgraded in July.
($1 = 0.8667 euros)
(Reporting by Anastasiia Kozlova and Matthias Inverardi; editing by Milla Nissi-Prussak)
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