Commerzbank Annual General Meeting approves all agenda items

• Shareholders approve dividend of 65 cents per share and authorisation for further share buybacks
• Actions of Board of Managing Directors and Supervisory Board ratified – Sabine Lautenschläger-Peiter and Michael Gorriz elected to the Supervisory Board
• Chairman of Supervisory Board Jens Weidmann: “A strong Commerzbank is more important than ever before. We are experiencing a period of pronounced geopolitical tensions and trade policy disruptions. Additionally, the new federal government in Germany must manage the structural transformation.”
• CEO Bettina Orlopp: “We deliver what we promise. This has been the case for years, and that is how it shall continue. We are confident that with our strategy and as a strong player in the banking market, we will create even more value for all our stakeholders.”

Today, the Annual General Meeting of Commerzbank approved the dividend proposal for the 2024 financial year in the amount of 65 cents per share with a majority of 99.89% (item 2). The total dividend payment therefore amounts to €733m. Together with the share buybacks conducted between November 2024 and March 2025, Commerzbank will return a total of €1.73bn to its shareholders for the 2024 financial year. This corresponds to 71% of the net result after the deduction of AT-1 coupon payments. In the coming years, the Bank intends to continuously increase capital return.

Commerzbank continues to rely on a combination of share buybacks and dividend payments. The authorisations for the Bank to acquire and use its own shares (items 10 and 11) were approved by the Annual General Meeting with a majority of 96.43% and of 96.52%, respectively. This once again provides Commerzbank with the opportunity to acquire its own shares up to a volume of 10% of the share capital via the stock exchange or through multilateral trading systems.

Diskutieren Sie über die enthaltenen Werte

Commerzbank ---> Ziel 40 € !!!!!!

Commerzbank -2,60 % Aktie

3 Aufrufe heute

Orakeldelphi gestern 11:36