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FRANKFURT - Commerzbank AG announced on Wednesday it will launch a share buyback program worth up to €1 billion, following approvals from the necessary regulatory bodies.
The German lender said the buyback will commence on Thursday, September 25, 2025, and is expected to be completed by February 10, 2026, at the latest. All repurchased shares will be redeemed, according to the statement.
The bank’s management board has resolved on the program details, which will be published in accordance with European market regulations. The announcement comes as part of Commerzbank’s capital management strategy.
Commerzbank, one of Germany’s largest financial institutions, trades on the Frankfurt Stock Exchange under the ticker XETRA:CBK.
The information was disclosed in a regulatory announcement containing inside information in accordance with the Market Abuse Regulation.
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