Supervisory board

ECB nominates Claudia Buch as Chair of Supervisory Board

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Friday, September 29, 2023
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- PRESS RELEASE

Key Points: 
  • - PRESS RELEASE
    ECB nominates Claudia Buch as Chair of Supervisory Board
    13 September 2023
    - Governing Council submits its nomination for next Chair of ECB Banking Supervision
    - European Parliament to approve candidate
    - Council of European Union to subsequently appoint candidate
    The Governing Council of the European Central Bank (ECB) today nominated Claudia Buch for the non-renewable five-year position of Chair of the Supervisory Board, following consultation with the Supervisory Board.
  • The vote in the Governing Council was taken by secret ballot and a majority was pronounced in favour of Claudia Buch.
  • If the nomination is approved by the European Parliament and confirmed by the Council of the European Union, Claudia Buch will succeed Andrea Enria as Chair of the Supervisory Board on 1 January 2024.
  • Notes
    - The Supervisory Board of the ECB consists of the Chair, the Vice-Chair, four ECB representatives and representatives of the national supervisors participating in European banking supervision.

Frank Elderson: Interview with Market News International

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Friday, September 29, 2023
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Key Points: 

New Capital Return Policy decided: Commerzbank plans to increase shareholder participation in company’s success

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Thursday, September 28, 2023
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New Capital Return Policy decided: Commerzbank plans to increase shareholder participation in company’s success

Key Points: 
  • New Capital Return Policy decided: Commerzbank plans to increase shareholder participation in company’s success
    The issuer is solely responsible for the content of this announcement.
  • On this basis, Commerzbank’s Board of Managing Directors has decided to update the Bank’s Capital Return Policy following consultation with the Supervisory Board.
  • For 2022 to 2024, Commerzbank intends to return a total of €3 billion to shareholders as dividends and share buy-backs.
  • The full, revised Capital Return Policy will shortly be available on the Commerzbank website:
    On 8 November 2023, Commerzbank will present all details of the further developed strategy as well as the concrete measures and targets for the years 2024 to 2027.

EQS-News: New Capital Return Policy decided: Commerzbank plans to increase shareholder participation in company’s success

Retrieved on: 
Thursday, September 28, 2023
German Finance Agency, European Central Bank, Annual, Supervisory board, AGM, Commerzbank, Central bank, ECB, Economic development, AT1, Bank, Policy, MDA, Rote, Management, Online shopping, Holding company

New Capital Return Policy decided: Commerzbank plans to increase shareholder participation in company’s success

Key Points: 
  • New Capital Return Policy decided: Commerzbank plans to increase shareholder participation in company’s success
    The issuer is solely responsible for the content of this announcement.
  • On this basis, Commerzbank’s Board of Managing Directors has decided to update the Bank’s Capital Return Policy following consultation with the Supervisory Board.
  • For 2022 to 2024, Commerzbank intends to return a total of €3 billion to shareholders as dividends and share buy-backs.
  • The full, revised Capital Return Policy will shortly be available on the Commerzbank website:
    On 8 November 2023, Commerzbank will present all details of the further developed strategy as well as the concrete measures and targets for the years 2024 to 2027.

Commerzbank has decided on new Capital Return Policy

Retrieved on: 
Thursday, September 28, 2023
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Commerzbank expects an increased profitability of its businesses and with a CET1 ratio of 13.5% a net RoTE of more than 11% by 2027.

Key Points: 
  • Commerzbank expects an increased profitability of its businesses and with a CET1 ratio of 13.5% a net RoTE of more than 11% by 2027.
  • On this basis Commerzbank’s Board of Managing Directors has decided to update the Bank’s Capital Return Policy following consultation with the Supervisory Board.
  • For 2022 to 2024 Commerzbank intends to return €3bn to shareholders as dividends and share buy-backs.
  • The full, revised Capital Return Policy will shortly be available on our website.

EQS-News: ElringKlinger appoints Thomas Jessulat as CEO and names Dirk Willers as a new member of the Management Board

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Thursday, September 28, 2023
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He had most recently held the position of Spokesperson of the Management Board on an interim basis.

Key Points: 
  • He had most recently held the position of Spokesperson of the Management Board on an interim basis.
  • In addition, the former head of the Aftermarket segment, Dirk Willers, was newly appointed to the Management Board.
  • Dirk Willers restructured our Aftermarket business from top to bottom and, in particular, realigned Sales to create a more powerful presence.
  • Before joining ElringKlinger in 2015, the 49-year-old business graduate held senior management positions at Daimler AG for over 12 years.

EQS-News: SNP: General Meeting passes resolution to introduce dualistic management system – new Supervisory Board elected

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Thursday, September 28, 2023
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The controlling function will be assumed by the new three-member Supervisory Board, which consists of Dr. Karl Benedikt Biesinger, Prof. Dr. Thorsten Grenz and Peter Maier.

Key Points: 
  • The controlling function will be assumed by the new three-member Supervisory Board, which consists of Dr. Karl Benedikt Biesinger, Prof. Dr. Thorsten Grenz and Peter Maier.
  • At its constituent meeting, the Supervisory Board elected Dr. Biesinger as Chairman and Prof. Dr. Grenz as Deputy Chairman.
  • The changes we have made ensure a clear management model that is customary in the industry, with the two bodies of the Management Board and Supervisory Board that are customary for listed companies in Germany.
  • At its first meeting, the Supervisory Board also established an Audit Committee.

"Budmehanizatsia" Initiates Negotiations for Vital Infrastructure Projects in Ukraine

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Wednesday, September 27, 2023
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KYIV, Ukraine, Sept. 27, 2023 /PRNewswire/ -- The renowned construction company, "Budmehanizatsia," has announced the commencement of active negotiations focused on infrastructure projects in Ukraine.

Key Points: 
  • KYIV, Ukraine, Sept. 27, 2023 /PRNewswire/ -- The renowned construction company, "Budmehanizatsia," has announced the commencement of active negotiations focused on infrastructure projects in Ukraine.
  • In a recent blog post, Mr. Yurii Odarchenko expressed profound concern regarding emigration trends in Ukraine and proposed a solution to mitigate this pressing issue.
  • The project's primary aim is the restoration of regional infrastructure and the construction of housing units.
  • The company "Budmehanizatsia" boasts extensive experience in constructing complex infrastructure projects and maintaining successful collaborations with both local and state authorities.

EQS-News: ams-OSRAM AG: Convocation of the Extraordinary General Meeting 2023

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Wednesday, September 27, 2023
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Proxies must be received at one of the aforementioned addresses no later than October 19, 2023, 4:00 p.m., Vienna time, unless they are handed over on the day of the General Meeting when registering for the General Meeting.

Key Points: 
  • Proxies must be received at one of the aforementioned addresses no later than October 19, 2023, 4:00 p.m., Vienna time, unless they are handed over on the day of the General Meeting when registering for the General Meeting.
  • Shareholders may exercise their rights at the General Meeting in person even after granting a proxy.
  • The Chairperson may impose, particularly in the beginning but also during the General Meeting, general and individual restrictions on time allowed for speaking or asking questions.
  • Information requests must generally be made orally at the General Meeting; however, such requests can also be submitted in writing.

EQS-News: Ekotechnika AG files requests to delist from the stock exchange and gives forecast for the 2022/2023 financial year

Retrieved on: 
Wednesday, September 27, 2023
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The main reason for this decision is the ongoing conflict in Ukraine and the resulting impact on the Group.

Key Points: 
  • The main reason for this decision is the ongoing conflict in Ukraine and the resulting impact on the Group.
  • Against this background, the stock exchange listing in Germany offers no benefit to the company at present and in the view of the Executive Board for the foreseeable future.
  • In addition, the follow-up obligations under stock exchange regulations and capital market law resulting from the listing involve considerable financial and administrative effort, and Ekotechnika shares are hardly traded on the stock exchanges.
  • Therefore, we have decided to delist for cost reasons, but also due to the hardly existing trading volumes in the Ekotechnika share."