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Commerzbank Concludes €400 Million Share Buyback
Commerzbank AG has completed a substantial share buyback program, repurchasing 18,335,008 shares valued at approximately €400 million. This represents 1.5% of the bank's share capital. Initiated on 14 February 2025, the buyback marks an integral part of Commerzbank’s capital return strategy for the 2024 financial year, as announced by CEO Bettina Orlopp.
The total capital return for 2024 stands at €1.73 billion, combining share buybacks totaling around €1 billion and a proposed dividend payment of approximately €733 million. This strategy reflects a commitment to return 71% of net results, post-AT1 coupon payments, to shareholders. In addition, Commerzbank aims to increase profitability and enhance shareholder returns, targeting a 100% payout ratio for the 2025 financial year.
R. H.
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