Deutsche Bank (DB) plans total capital distribution to shareholders of approximately 700 million euros

Get Alerts DB Hot Sheet
Join SI Premium – FREE
News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.
The Management Board of Deutsche Bank AG (XETRA: DBKGn.DE / NYSE: DB) has decided to initiate a share repurchase program of 300 million euros to be completed in the first half of 2022. All required regulatory approvals have been received. The Management Board also intends to propose a cash dividend of 0.20 euro per share for the financial year 2021. Together, these actions would provide a total capital distribution to shareholders of approximately 700 million euros and represent the first step towards a previously announced commitment to return 5 billion euros of capital to shareholders over time.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Chubb Corp. (CB) Announces $2.5B Share Buyback, Increases Quarterly Dividend to $0.83
- Lennox (LII) Raises Quarterly Dividend 15.2% to $1.06; 2.1% Yield
- Sylvamo (SLVM) Announces $150M Share Buyback, Declares $0.1125 Dividend
Create E-mail Alert Related Categories
Corporate News, Dividends, Stock BuybacksRelated Entities
Deutsche BankSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!