Reuters – DaimlerChrysler (DCXGn.DE: Quote, Profile, Research) believes hedge fundsstill control roughly 15 percent of the shares in the U.S.-German carmaker, the company said on Thursday.
“I have no information that it changed. I think it sticks more or less at the same level,” Chief Financial Officer Bodo Uebber told a conference call when asked whether there has been any fluctuation in the CFO’s estimate last year that hedge funds held that level of Daimler shares.
In an interview with the Stuttgarter Zeitung on May 20, Uebber was quoted as saying: “Based on our analyses, we estimate hedge funds hold some 10 to 15 percent of our shares.”
