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FRANKFURT - Commerzbank AG announced Wednesday it will begin a €1 billion share buyback program on September 25, marking its fifth share buyback initiative since 2023.
The buyback, which received prior approval from the European Central Bank and the German Finance Agency, is expected to be completed by February 10, 2026. The repurchased shares are planned to be redeemed at a later date.
"Returning capital to our shareholders is a core element of our value creation strategy," said Commerzbank CEO Bettina Orlopp in the press release. The bank aims to return 100% of its net result before restructuring expenses and after AT1 coupon payments for the current financial year.
The share buyback forms part of the bank’s capital return for the 2025 financial year, which will also include a dividend to be approved at the next annual general meeting.
In a separate decision, Commerzbank’s Board of Managing Directors approved the purchase of its own shares worth up to €15.5 million to support a planned employee share program expected to launch this autumn.
Commerzbank, which serves around 24,000 corporate client groups and manages more than €400 billion in assets, will publish weekly updates on the progress of the share buybacks on its website.
The bank operates two main business segments - Corporate Clients and Private and Small-Business Customers - and maintains a presence in more than 40 countries for its corporate clients business.
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