BRIEF

on BANIMMO A (D) (isin : DE000CBK1001)

Commerzbank Completes €600 Million Share Buyback, Seeks Approval for Additional €400 Million

Commerzbank AG has finalized the first tranche of its third share buyback program, acquiring 38,837,806 shares, equivalent to 3.278% of its share capital, for €600 million. The buyback, which began on November 7, 2024, reflects the bank's commitment to returning at least 70% of its 2024 net result to shareholders, as stated by CEO Bettina Orlopp.

Commerzbank has applied to the European Central Bank and the German Finance Agency to initiate a second tranche of up to €400 million. The 2024 capital return will comprise dividends and share buybacks across two phases. This buyback, potentially reaching €1 billion, marks the bank’s largest in history.

R. E.

Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all BANIMMO A (D) news