EQS-Adhoc: Deutsche Bank Decided To Resume Share Buybacks Of Up To €450M In 2023
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank AG (NYSE:DB) has announced a share repurchase program of up to €450 million, set to start in August and complete by the end of 2023. The decision is subject to receiving all necessary supervisory approvals.

July 25, 2023 | 5:46 pm
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Deutsche Bank's announcement of a share repurchase program could potentially boost its stock price as it indicates the bank's confidence in its financial health.
Share repurchase programs are often seen as a sign of a company's financial health and confidence in its future prospects. By reducing the number of shares outstanding, it can increase earnings per share and potentially boost the stock price. However, the actual impact will depend on market conditions and investor sentiment.
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