Analysts expect Deutsche Bank to make billions in profits for 2021 as a whole. The bank intends to announce exact figures on Thursday.
Deutsche Bank wants to buy back shares with a volume of more than 300 million euros and, in contrast to the previous year, pay out a dividend again.
The share buyback should be completed in the first half of the year, the Dax company announced on Wednesday after the stock market closed. All permits are in place.
Shareholders are to receive 20 cents per share for the past financial year. Experts had recently expected more. According to the information, Deutsche Bank is planning a capital distribution of around 700 million euros to its shareholders. This should be the first step in the goal of distributing capital of five billion euros over time. On the Tradegate trading platform, the share price rose slightly in an initial reaction.
In all likelihood, Deutsche Bank has significantly increased its profits over the past year. Analysts expect profits in the billions for 2021 as a whole. The group will publish the exact figures this Thursday (7:00 a.m.).
Source From: Stern

Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.