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Bayer executivesReuters
•Business
Business & Economics
80% Informative
Bayer 's share price plunged by as much as 10% in intraday trading on Friday with investors balking at the size of a cash call as dividends would spread across more shares.
Bayer said on Friday it would seek shareholder approval to potentially increase shares outstanding by close to 35% over the next three years .
The potential capital increase is worth up to 8.4 billion euros ( $9.1 billion ) based on the company's market value.
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91
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97
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58
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English
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61
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