Commerzbank Annual General Meeting Approves All Agenda Items

The Annual General Meeting of Commerzbank saw all agenda items approved. Shareholders endorsed a dividend of 65 cents per share with a near-unanimous 99.89% majority. The total dividend payment will reach €733 million, complemented by share buybacks, amounting to a total return of €1.73 billion to shareholders for the 2024 financial year.

Authorizations for share acquisitions were also passed, enabling Commerzbank to buy back up to 10% of its share capital. New Supervisory Board members Sabine Lautenschläger-Peiter and Michael Gorriz were elected with high majorities, replacing outgoing members Jutta A. Dönges and Gertrude Tumpel-Gugerell.

CEO Bettina Orlopp reiterated the bank’s commitment to creating value, citing a robust strategy and strong market position. Commerzbank continues to emphasize growth, capital returns, and operational reliability amidst challenging geopolitical and economic landscapes.