DGAP-Adhoc: Deutsche Bank announcement on capital distributions
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DGAP-Ad-hoc: Deutsche Bank AG / Key word(s): Share Buyback/Dividend
Frankfurt am Main, January 26, 2022 - 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.
Contact: Sebastian Krämer-Bach Global Head of External Communications Phone: +49 69 910 43330 Email: [email protected]
26-Jan-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Deutsche Bank AG |
| Taunusanlage 12 | |
| 60325 Frankfurt a. M. | |
| Germany | |
| Phone: | +49 (0)69 910-00 |
| Fax: | +49 (0)69 910-43800 |
| E-mail: | [email protected] |
| Internet: | www.db.com |
| ISIN: | DE0005140008 |
| WKN: | 514000 |
| Indices: | DAX, EURO STOXX 50 |
| Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange; NYSE |
| EQS News ID: | 1273256 |
| End of Announcement | DGAP News Service |
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1273256 26-Jan-2022 CET/CEST
Deutsche Bank AG Stock
€14.46
-2.050%
We see a rather positive sentiment for Deutsche Bank AG with 14 Buy predictions and 2 Sell predictions.
As a result the target price of 17 € shows a slightly positive potential of 17.58% compared to the current price of 14.46 € for Deutsche Bank AG.
