Investing
Deutsche Bank to buy back up to $497 million in shares
© Reuters. FILE PHOTO: The headquarters of Germany’s Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/File Photo
FRANKFURT (Reuters) -Deutsche Bank signalled a more positive outlook on Tuesday, saying it would undertake a 450 million euro ($497 million) share buyback this year.
The measure, larger than last year’s buyback of 300 million euros, reflects the improved financial state of Germany’s largest lender.
The bank had previously flagged that it would aim for a buyback during the second half of this year.
The announcement of the buyback, which will begin in August, comes ahead of quarterly earnings on Wednesday.
($1 = 0.9059 euro)
Read the full article here
5 AI Books Top Entrepreneurs Are Reading in a Rush for 2025
FileJump Offers 2TB of Cloud Storage for $70—With No Strings Attached
It’s Time to Rewrite Your Company’s Values — Here’s How
Say Hello to the PDF Multi-Tool You Didn’t Know You Needed
If you are 60 years old, new 401(k) rules could save you money
5 Things That Could Significantly Impact Your Company in 2025
NFI Group surge after board reshaped with new appointments, chairperson By Investing.com
How Failing 22 Times Paved the Way to My Success
3 Challenges Entrepreneurs Will Face in 2025
Chinese hack of US telecoms compromised more firms than previously known, WSJ says By Reuters
Debt ceiling debate and its effect on the U.S. dollar
Debt ceiling default: Still no deal between parties
Stovall: If the U.S. defaults on its debt, all S&P 500 sectors will likely fall
What China's weaker-than-expected economy could mean for U.S. markets
A ‘Big Short’ investor sees financial disaster brewing in housing markets — again
-
Side Hustles5 days ago5 Things That Could Significantly Impact Your Company in 2025
-
Investing5 days agoNFI Group surge after board reshaped with new appointments, chairperson By Investing.com
-
Side Hustles6 days agoHow Failing 22 Times Paved the Way to My Success
-
Passive Income4 days ago3 Challenges Entrepreneurs Will Face in 2025
-
Investing6 days ago
Chinese hack of US telecoms compromised more firms than previously known, WSJ says By Reuters
-
Investing6 days agoApple Siri Settlement: Who Is Eligible for a Cash Payout
-
Side Hustles6 days ago3 Strategies to Make Your Next Campaign Go Viral
-
Make Money2 days ago10 Critical Questions to Ask Your Financial Advisor Now