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Deutsche Bank To Resume Share Buybacks Of Up To EUR 450M

GERMANY
  • Deutsche Bank plans to resume share repurchases over the remainder of 2023, starting August. Details here.
  • “The bank targets a volume of 2023 share repurchases of up to € 450 million, roughly 50% higher than in 2022, in line with the 50% rise in its dividend per share from € 0.20 to € 0.30 in respect of 2022 which was paid following Deutsche Bank’s Annual General Meeting in May this year.”
  • Bloomberg reported Deutsche ADRS quickly extended gains on the news, up 1.9%.

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