Share Buyback

ISIN DE000CBK1001

The 2024 Annual General Meeting granted the Management Board the authorization to buy back up to 10% of the share capital. Therefore, it is possible to buy back up to 118,466,900 shares until 29 April 2029.
Basis for future Share Buyback programmes is our capital return policy.

Share Buyback 2024/II

On 04 November 2024 the Board of Management of Commerzbank AG has resolved to carry out a Buyback programme of shares of Commerzbank AG for a total purchase price of up to EUR 600 million.

The buyback via the Xetra-trading system of the Frankfurt stock exchange, and possibly additionally via the multilateral trading systems Cboe, Turquoise and Aquis within the European Union will begin on November 7, 2024, and will be conducted for a period until February 12, 2025, at the latest. A brief intermission of the share buyback is scheduled from December 23, 2024 to January 1, 2025. The purpose of the share buyback is the reduction of the share capital of Commerzbank AG. The repurchased shares of Commerzbank AG will be redeemed.

Announcement pursuant to Art. 5(1) lit. a) of Regulation (EU) No 596/2014 and
Art. 2(1) of Delegated Regulation (EU) 2016/1052 / (Share Buyback Programme 2024/II)
113.14 KB
Ad Hoc information as of 04 November 2024
Commerzbank starts third share buyback programme
Date Number of purchased shares Average price (in EUR) Percentage of share capital (1) Purchased volume (in EUR) Details
07/11/2024-08/11/2024 1,403,700 16.0285 0.12% 22,499,200 week 1
11/11/2024-15/11/2024 3,792,010 15.8762 0.32% 60,202,582 week 2
total 5,195,710 15.9173 0.44% 82,701,782

(1) For the Share Buyback 2024/II, the quota “Percentage of share capital” is calculated on basis of the shares outstanding as of 30/09/2024 (1,184,669,009 shares)

Completed Share Buyback programmes

In the period from 7 June 2023 to 5 March 2024 two share buyback programmes with a total volume of €722 million were executed. A total of 67,688,625 shares were repurchased.

SBB Programme Number of shares Percentage of share capital1 Average price (in EUR) Purchased volume (in EUR)
2023 12,134,305 0.97% 10.0541 121,999,999
2024/I 55,554,320 4.48% 10.7965 599,789,998
Total 67,688,625 10.6634 721,789,997

1) the quota “Percentage of share capital” is calculated for
– the Share Buyback 2023, on the basis of the shares outstanding as of 31/12/2022 (1,252,357,634 shares)
– the Share Buyback 2024/I, on the basis of the shares outstanding as of 31/12/2023 (1,240,223,329 shares)

On February 15, 2023, Commerzbank AG has announced inter alia, that a share buyback programme is planned for Fiscal Year 2023 subject to the required approval. After having received the approval, on June 6, 2023 the Board of Management of Commerzbank AG has resolved to carry out a buyback programme of shares of Commerzbank AG (ISIN: DE000CBK1001) for a total purchase price of up to EUR 122 million.
The buyback via the Xetra-trading system of the Frankfurt stock exchange was carried out from June 7 through June 23, 2023. The total number of own shares purchased amounts to 12,134,305. This corresponds to a share of 0,97 % of the Banks´s share capital. The average price paid at the stock exchange was 10.05 EURO per share.
The purpose of the share buyback is the reduction of the share capital of Commerzbank AG. The repurchased shares of Commerzbank AG have been redeemed.

Ad Hoc information as of 15 Feb 2023
Announcement Pursuant to Art 5(1) Lit. A) of Regulation (EU) No 596/2014 and Art. 2(1) of delegated Regulation (EU) 2016/1052 (Share Buy-Back Program 2023) 80.19 KB
Commerzbank successfully completes first share buyback programme
Date Number of purchased shares Percentage of share capital (1) Average price (in EUR) Purchased volume (in EUR) Details
07/06/2023-09/06/2023 3,208,539 0.26% 9.8299 31,539,761 week23
12/06/2023-16/06/2023 4,737,091 0.38% 10.0919 47,806,142 week24
19/06/2023-23/06/2023 4,188,675 0.33% 10.1832 42,654,095 week25
total 12,134,305 0.97% 10.0541 121,999,999

1) the quota “Percentage of share capital” is calculated for the Share Buyback 2023, on the basis of the shares outstanding as of 31/12/2022 (1,252,357,634 shares)

On January 9 2024, the Board of Management of Commerzbank AG has resolved to carry out a Buyback programme of shares of Commerzbank AG for a total purchase price of up to EUR 600 million.
The buyback via the Xetra-trading system of the Frankfurt stock exchange was carried out from January 10 through March 05, 2024. The total number of own shares purchased amounts to 55,554,320. This corresponds to a share of 4.48 % of the Banks´s share capital. The average price paid at the stock exchange was 10.796 EURO per share.
The purpose of the share buyback is the reduction of the share capital of Commerzbank AG. The repurchased shares of Commerzbank AG have been redeemed.

Commerzbank successfully completes share buyback of €600 million
Announcement Pursuant to Art 5(1) Lit. A) of Regulation (EU) No 596/2014
and Art. 2(1) of Delegated Regulation (EU) 2016/1052 / (Share Buyback Programme 2024)
80.69 KB
Ad Hoc information as of 20 December 2023
Date Number of purchased shares Average price (in EUR) Percentage of share capital (1) Purchased volume (in EUR) Details
10/01/2024-12/01/2024 3,912,956 11.4988 0.32% 44,994,470 week2
15/01/2024-19/01/2024 6,736,113 11.1339 0.54% 74,999,348 week3
22/01/2024-26/01/2024 7,019,395 10.6843 0.57% 74,997,564 week4
29/01/2024-02/02/2024 7,029,685 10.6689 0.57% 74,999,258 week5
05/02/2024-09/02/2024 7,110,176 10.5482 0.57% 74,999,296 week6
12/02/2024-16/02/2024 7,017,365 10.6875 0.57% 74,998,202 week7
19/02/2024-23/02/2024 7,014,586 10.6919 0.57% 74,999,361 week8
26/02/2024-01/03/2024 6,940,180 10.8062 0.56% 74,996,857 week9
04/03/2024-05/03/2024 2,773,864 10.7452 0.22% 29,805,641 week10
total 55,554,320 10.7965 4.48% 599,789,998

1) the quota “Percentage of share capital” is calculated for the Share Buyback 2024, on the basis of the shares outstanding as of 31/12/2023 (1,240,223,329 shares)