Deutsche Bank confirmed the successful completion of its € 675 million share buyback program announced on March 1, 2024. Between March 4 and July 11, 2024, 46.4 million shares, or 2.33% of the bank’s share capital, were repurchased at a volume weighted average price of € 14.53 per share.
Together with dividends of € 0.45 per share or € 0.9 billion distributed in May 2024, total distributions to shareholders have amounted to € 1.6 billion in 2024 to date. Cumulative distributions to shareholders from 2022 to 2024 to date have been € 3.3 billion. Management’s goal is to distribute in excess of € 8 billion to shareholders through dividends and share repurchases in respect of the financial years 2021 – 2025.
