Commerzbank Launches Third Share Buyback Program
Company Announcements

Commerzbank Launches Third Share Buyback Program

Commerzbank (DE:CBK) has released an update.

Commerzbank has announced the initiation of its third share buyback program, with the first tranche valued at approximately €600 million set to commence after the release of its third-quarter results. This move, approved by the German Finance Agency and the European Central Bank, aims to return at least 70% of the net result for the 2024 financial year to shareholders, combining dividends and the buyback. The initiative underscores Commerzbank’s commitment to creating long-term value for its investors.

For further insights into DE:CBK stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskCommerzbank Announces 600 Million Euro Share Buyback
TipRanks UK Auto-Generated NewsdeskCommerzbank Reports on KfW’s EUR 1 Billion Green Notes
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App