ISIN:DE000CBK1001

Commerzbank successfully completes share buyback of €600 million

Retrieved on: 
Mittwoch, März 13, 2024

Today, Commerzbank AG successfully completed its share buyback programme.

Key Points: 
  • Today, Commerzbank AG successfully completed its share buyback programme.
  • “The completion of the second share buyback programme is an important step for Commerzbank”, said CFO Bettina Orlopp.
  • With its first share buyback programme, Commerzbank repurchased a total of 12,134,305 of its own shares at an average price of around €10.05 per share equalling an amount of €122 million in June 2023.
  • The buyback was part of the capital return for the 2022 financial year amounting to a total of around €370 million.

EQS-News: Commerzbank successfully completes share buyback of €600 million

Retrieved on: 
Mittwoch, März 13, 2024

Today, Commerzbank AG successfully completed its share buyback programme.

Key Points: 
  • Today, Commerzbank AG successfully completed its share buyback programme.
  • “The completion of the second share buyback programme is an important step for Commerzbank”, said CFO Bettina Orlopp.
  • With its first share buyback programme, Commerzbank repurchased a total of 12,134,305 of its own shares at an average price of around €10.05 per share equalling an amount of €122 million in June 2023.
  • The buyback was part of the capital return for the 2022 financial year amounting to a total of around €370 million.

Commerzbank increases net profit for 2023 to €2.2 billion – Strategy is delivering

Retrieved on: 
Donnerstag, Februar 15, 2024

On this basis, we will achieve a further increase in net profit for the current year”, said CEO Manfred Knof.

Key Points: 
  • On this basis, we will achieve a further increase in net profit for the current year”, said CEO Manfred Knof.
  • Net interest income rose by a third to €8.368 billion (2022: €6.459 billion), while net commission income was slightly down at €3.386 billion (2022: €3.519 billion).
  • Net profit also rose accordingly: compared to the previous year, net profit after taxes and minority interests increased by 55% to €2.224 billion (2022: €1.435 billion).
  • Revenues amounted to €1.106 billion (Q3 2023: €1.171 billion); the operating result totalled €508 million (Q3 2023: €644 million).

EQS-News: Commerzbank increases net profit for 2023 to €2.2 billion – Strategy is delivering

Retrieved on: 
Donnerstag, Februar 15, 2024

On this basis, we will achieve a further increase in net profit for the current year”, said CEO Manfred Knof.

Key Points: 
  • On this basis, we will achieve a further increase in net profit for the current year”, said CEO Manfred Knof.
  • Net interest income rose by a third to €8.368 billion (2022: €6.459 billion), while net commission income was slightly down at €3.386 billion (2022: €3.519 billion).
  • Net profit also rose accordingly: compared to the previous year, net profit after taxes and minority interests increased by 55% to €2.224 billion (2022: €1.435 billion).
  • Revenues amounted to €1.106 billion (Q3 2023: €1.171 billion); the operating result totalled €508 million (Q3 2023: €644 million).

EQS-News: Commerzbank expands asset management significantly with majority stake in Aquila Capital Investmentgesellschaft – growth accelerator for sustainability business

Retrieved on: 
Dienstag, Januar 30, 2024

We are significantly expanding the range of products in sustainable asset management for our customers.”

Key Points: 
  • We are significantly expanding the range of products in sustainable asset management for our customers.”
    Commerzbank AG is accelerating its growth in the sustainability business by acquiring a majority stake in the asset manager Aquila Capital Investmentgesellschaft headquartered in Hamburg.
  • Under the umbrella of Commerzbank, Aquila Capital Investmentgesellschaft will develop into a leading asset manager for sustainable investment strategies.
  • With Commerz Real and Aquila Capital Investmentgesellschaft, Commerzbank will significantly drive forward the energy transition in Germany and Europe.
  • The strategic partnership with the Aquila Group and the majority stake in Aquila Capital Investmentgesellschaft are growth accelerators for our dedication to sustainable investments.

Commerzbank expands asset management significantly with majority stake in Aquila Capital Investmentgesellschaft – growth accelerator for sustainability business

Retrieved on: 
Dienstag, Januar 30, 2024

We are significantly expanding the range of products in sustainable asset management for our customers.”

Key Points: 
  • We are significantly expanding the range of products in sustainable asset management for our customers.”
    Commerzbank AG is accelerating its growth in the sustainability business by acquiring a majority stake in the asset manager Aquila Capital Investmentgesellschaft headquartered in Hamburg.
  • Under the umbrella of Commerzbank, Aquila Capital Investmentgesellschaft will develop into a leading asset manager for sustainable investment strategies.
  • With Commerz Real and Aquila Capital Investmentgesellschaft, Commerzbank will significantly drive forward the energy transition in Germany and Europe.
  • The strategic partnership with the Aquila Group and the majority stake in Aquila Capital Investmentgesellschaft are growth accelerators for our dedication to sustainable investments.

Commerzbank AG: Announcement pursuant to Art. 5(1) lit. a) of Regulation (EU) No 596/2014 and Art. 2(1) of Delegated Regulation (EU) 2016/1052 / (Share Buyback Programme 2024)

Retrieved on: 
Samstag, Januar 13, 2024

2(1) of Delegated Regulation (EU) 2016/1052 / (Share Buyback Programme 2024)

Key Points: 
  • 2(1) of Delegated Regulation (EU) 2016/1052 / (Share Buyback Programme 2024)
    The issuer is solely responsible for the content of this announcement.
  • The purpose of the share buyback is the reduction of the share capital of Commerzbank AG.
  • The Share Buyback Programme 2024 will be carried out based on the authorization of the Annual General Meeting of Commerzbank AG on May 13, 2020.
  • The credit institution instructed with the purchase of shares of Commerzbank AG has been obligated accordingly by Commerzbank AG.