RTTNews | Jan 26, 2022 09:35PM EST

21:34 Wednesday, January 26, 2022 (RTTNews.com) - Deutsche Bank AG (DB) said it 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 plans to propose a cash dividend of 0.20 euros per share for the financial year 2021.

The decisions would provide a total capital distribution to shareholders of about 700 million euros and represent the first step towards a previously announced commitment to return 5 billion euros of capital to shareholders over time.

Read the original article on RTTNews ( https://www.rttnews.com/3257583/deutsche-bank-to-initiate-share-repurchase-program-of-eur-300-mln.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com All Rights Reserved