{
}
Commerzbank has successfully completed its €400 million share buyback program, repurchasing 18,335,008 shares at an average price of €21.81. This initiative is part of a broader capital return plan for 2024, totaling approximately €1.73 billion, which includes share buybacks and a proposed dividend of €0.65 per share. CEO Bettina Orlopp highlighted the bank's commitment to returning capital to shareholders, with a total return of €3.1 billion planned from 2022 to 2024.
Commerzbank has successfully completed a €400 million share buyback, repurchasing 18,335,008 shares, which represents 1.5% of its share capital. This buyback is part of a total capital return of €1.73 billion for the 2024 financial year, including a proposed dividend of €0.65 per share. CEO Bettina Orlopp emphasized the bank's commitment to enhancing profitability and shareholder returns, with a target payout ratio of 100% for the 2025 financial year.
Carsten Schmitt
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Commerzbank completes 400 million euro share buyback program successfully
12:59 27.03.2025
Commerzbank completes 400 million euro share buyback as part of capital return
12:18 27.03.2025
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Finance Mergers & Acquisitions
Banking Regulations
Global Financial Events
Market Analysis and Predictions
Retail and Consumer Goods
CEO Changes
Financial Scams and Security
Global Trade Developments
Central Bank Actions
GDP Growth & Recession Forecasts
Industry Mergers & Acquisitions
Government Policies
Hedge Funds & Private Equity
Inflation and Monetary Impact
Workplace Trends
Startups & Entrepreneurship
Government Economic Policies
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Bank of America Corporation
Wells Fargo & Company
Citigroup Inc.
Barclays PLC
Morgan Stanley
Deutsche Bank Money Market PP
Lloyds Banking Group plc
Huawei Technologies CO. Ltd.
American Express Company
Credit Suisse Strategic Income I
Berkshire Hathaway Inc.
UBS Group AG
AMERICAN EXPRESS
Northern Trust Corporation
Amazon.com, Inc.
Banco Santander, S.A.
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Indian Rupee
Japanese Yen
Canadian Dollar
Australian Dollar
Russian Ruble
Mexican Peso
Saudi Riyal
United Arab Emirates Dirham
Indonesian Rupiah
Hong Kong Dollar
Danish Krone
Offshore Chinese Yuan
Singapore Dollar
Ghanaian Cedi
South Korean Won
People: