EQS-Adhoc: Commerzbank decides to implement a share buyback programme with a volume of up to 600 million euros
EQS-Ad-hoc: Commerzbank Aktiengesellschaft / Key word(s): Share Buyback
Commerzbank decides to implement a share buyback programme with a volume of up to 600 million euros After receipt of the necessary approvals Commerzbank AG decided today to implement a share buyback programme with a volume of up to 600 million euros. The share buyback will start after the reporting for the third quarter 2024 at the earliest and should be completed by mid of February 2025 at the latest. Following the resolution of the Management Board the details of the share buyback programme will be made public in an announcement pursuant to Art. 5(1) lit. a) of Regulation (EU) 596/2014 and Art. 2(1) of Delegated Regulation (EU) 2016/1052. The repurchased shares of Commerzbank AG will be redeemed.
Disclaimer This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts. In this release, these statements concern inter alia the expected future business of Commerzbank, efficiency gains and expected synergies, expected growth prospects and other opportunities for an increase in value of Commerzbank as well as expected future financial results, restructuring costs and other financial developments and information. These forward-looking statements are based on the management’s current plans, expectations, estimates and projections. They are subject to a number of assumptions and involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from any future results and developments expressed or implied by such forward-looking statements. Such factors include the conditions in the financial markets in Germany, in Europe, in the USA and other regions from which Commerzbank derives a substantial portion of its revenues and in which Commerzbank holds a substantial portion of its assets, the development of asset prices and market volatility, especially due to the ongoing European debt crisis, potential defaults of borrowers or trading counterparties, the implementation of its strategic initiatives to improve its business model, the reliability of its risk management policies, procedures and methods, risks arising as a result of regulatory change and other risks. Forward-looking statements therefore speak only as of the date they are made. Commerzbank has no obligation to update or release any revisions to the forward-looking statements contained in this release to reflect events or circumstances after the date of this release. Contact: Christoph Wortig Head of Investor Relations Commerzbank AG Investor Relations Tel.: +49 69 9353 10080 e-mail:ir@commerzbank.com End of Inside Information
04-Nov-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Commerzbank Aktiengesellschaft |
Kaiserstraße 16 | |
60311 Frankfurt am Main | |
Germany | |
Phone: | +49 (069) 136 20 |
Fax: | - |
E-mail: | newsroom@commerzbank.com |
Internet: | www.commerzbank.de |
ISIN: | DE000CBK1001 |
WKN: | CBK100 |
Indices: | DAX, CDAX, HDAX, PRIMEALL |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 2021951 |
End of Announcement | EQS News Service |
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2021951 04-Nov-2024 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
The most important financial data at a glance | ||||||||
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | ||
Sales1 | 8.570,00 | 8.639,00 | 8.186,00 | 7.521,00 | 9.404,00 | 10.821,00 | 0,00 | |
EBITDA1,2 | 1.242,00 | 1.253,00 | -233,00 | 1.183,00 | 2.653,00 | 4.244,00 | 0,00 | |
EBITDA-Margin3 | 14,49 | 14,50 | -2,85 | 15,73 | 28,21 | 39,22 | 0,00 | |
EBIT1,4 | 1.242,00 | 1.253,00 | -233,00 | 1.183,00 | 2.099,00 | 3.421,00 | 0,00 | |
EBIT-Margin5 | 14,49 | 14,50 | -2,85 | 15,73 | 22,32 | 31,61 | 0,00 | |
Net Profit (Loss)1 | 968,00 | 744,00 | -2.861,00 | 354,00 | 1.393,00 | 2.214,00 | 0,00 | |
Net-Margin6 | 11,30 | 8,61 | -34,95 | 4,71 | 14,81 | 20,46 | 0,00 | |
Cashflow1,7 | -1.698,00 | -10.787,00 | 33.676,00 | 24.261,00 | 25.859,00 | 20.087,00 | 0,00 | |
Earnings per share8 | 0,69 | 0,51 | -2,33 | 0,23 | 0,99 | 1,63 | 1,25 | |
Dividend per share8 | 0,20 | 0,00 | 0,00 | 0,00 | 0,20 | 0,35 | 0,35 |
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: KPMG
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
INVESTOR-INFORMATION | ||||||
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Commerzbank | ||||||
WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
CBK100 | DE000CBK1001 | AG | 18.060,28 Mio € | 05.11.1958 | Halten | 9F2C4M6G+83 |
PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
13,61 | 14,98 | 0,91 | 36,38 | 0,63 | 0,90 | 1,67 |
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
0,20 | 0,35 | 0,35 | 2,30% |
Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
15.05.2025 | 09.05.2025 | 06.08.2025 | 06.11.2024 | 26.03.2025 |
Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
-3,63% | +4,59% | +41,68% | +41,62% | +0,00% |
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