Commerzbank Completes €400 Million Share Buyback

Commerzbank AG has successfully completed a share buyback program valued at €400 million, repurchasing 18,335,008 shares, representing 1.5% of its share capital. Initiated on February 14, 2025, this recent buyback is part of the bank’s larger capital return initiative for 2024.

The bank's capital return plan for 2024 includes a total of €1.73 billion, combining share buybacks of approximately €1 billion with a proposed dividend payout of €733 million. The dividend, set at €0.65 per share, marks an increase from the previous year’s €0.35 per share.

Commerzbank CEO Bettina Orlopp highlighted the completion of this program as a significant milestone in returning capital to shareholders, constituting 71% of the net result after AT1 coupon deductions. CFO Carsten Schmitt emphasized the bank's aim to enhance profitability and increase shareholder returns in the coming years.