CMS: Commerzbank Aktiengesellschaft: status share buyback as of 05 March 2024
March 05, 2024 at 11:17 pm IST
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EQS Post-admission Duties announcement: Commerzbank Aktiengesellschaft
/ Share Buyback
Commerzbank Aktiengesellschaft: status share buyback as of 05 March 2024
05.03.2024 / 18:45 CET/CEST
Dissemination of a Post-admission Duties announcement transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
In the period from March 04, 2024 to and including March 05, 2024 Commerzbank AG has purchased 2,773,864 shares within the framework of its ongoing share buyback programme which has been published by the announcement of January 09, 2024 pursuant to Art. 5 (1) lit. a) Regulation (EU) No 596/2014 and Art. 2 (1) Delegated Regulation (EU) No 2016/1052.
Shares were purchased as follows:
Date
Number of shares
Average price (EUR)
04/03/2024
1,397,300
10.7346
05/03/2024
1,376,564
10.7559
The total number of shares purchased in the context of the share buyback programme since January 10, 2024 through, and including, March 05,2024 amounts to 55,554,320.
The purchase of shares is carried out exclusively on the electronic trading platform of the Frankfurt Stock Exchange (Xetra) by a credit institution that has been commissioned by Commerzbank AG.
Detailed transaction information pursuant to Art. 2 (3) Delegated Regulation (EU) No 2016/1052 can be found on the website of Commerzbank AG (https://investor-relations.commerzbank.com/share-buyback/ ).
05.03.2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
Commerzbank AG is one of the leading German banking groups. Net banking product (NBP) breaks down by activity as follows:
- retail banking and private banking (52.4%): sales of classical and specialized banking products and services (consumer loans, leasing, etc.), private banking, etc.;
- market and investment banking (33.2%): financial engineering, merger-acquisition consulting, stock operations, specialized and structured financing, capital market operations, etc.;
- other (14.4%): public works financing, specialized and structured financing, mortgage loans, etc.
At the end of 2023, the group managed EUR 419.8 billion in current credits and EUR 298.7 billion in current deposits.