Commencing Share Buyback Program with a potential volume of €750 million initiates in April on our website
Deutsche Bank, a global financial institution with listings on both the XETRA (DBKGn.DB) and the New York Stock Exchange (DB), has announced a share repurchase program worth up to €750 million. The program, set to commence on April 1, 2025, is expected to contribute significantly to the bank's capital distribution to shareholders.
Details about the exact number of shares to be repurchased under the program remain undisclosed, as does the specific timeline for share repurchases. However, the bank has confirmed that the total value of the program stands at €750 million.
In addition to the share repurchase program, Deutsche Bank has proposed a dividend of €0.68 per share for 2024. Upon completion of the share repurchase program and acceptance of this proposed dividend, the bank is set to return approximately €2.1 billion in capital to its shareholders in 2025.
Furthermore, the bank has not revealed any pricing details for the shares to be repurchased under the program. It is also worth noting that Deutsche Bank has not announced any changes to the proposed dividend of €0.68 per share for 2024, nor have any plans for additional capital distributions beyond this program been disclosed.
For those seeking more information about the share repurchase program, updates on its status can be found on Deutsche Bank's Investor Relations page. The bank encourages shareholders and interested parties to check official announcements from Deutsche Bank or relevant financial news sources for the latest developments on this topic.
It is important to note that the bank has not disclosed any conditions or restrictions on the share repurchase program, nor has it revealed any potential impacts of the program on its financial position or strategy.
In the meantime, it is interesting to note that searches for Deutsche Bank's share repurchase program have not yielded any results regarding the April 1, 2025, program. Searches have instead discussed share repurchase programs from other companies such as DSM-Firmenich, Preferred Bank, and Roivant Sciences, but no mention of Deutsche Bank has been found.
As the April 1, 2025, date approaches, shareholders and interested parties will undoubtedly be keeping a close eye on Deutsche Bank for further updates on its share repurchase program.
The share repurchase program by Deutsche Bank, a global financial institution, is worth €750 million and is expected to be a significant contributor to the bank's capital distribution to shareholders. Upon completion of the share repurchase program and acceptance of the proposed dividend for 2024, Deutsche Bank is set to return approximately €2.1 billion in capital to its shareholders in 2025.
