Media Release Frankfurt am Main, August 24, 2026

Deutsche Bank completes € 1.0 billion share buyback program and commences new € 500 million program

Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) successfully completed its € 1.0 billion share buyback program announced on 26 February 2026. Between 26 February and 21 August 2026, 35.7 million shares, or 1.87% of the bank’s share capital, were repurchased at a volume weighted average price of € 28.00 per share.

As already announced on 29 July 2026, the bank will now follow up with a new € 500 million share buyback program. The new program which will start on 25 August 2026 will be the first program funded from current-year net profit and it is already fully covered by existing capital deductions.

The bank aims for a 60% total payout ratio from 2026, with further scope for distributions of excess capital where our CET1 capital ratio sustainably exceeds 14%. On completion of this new program, aggregate share buyback activities will reach €1.5 billion in 2026 (2025: €1 billion).

Further details of Deutsche Bank’s share repurchase programs can be found here.

About Deutsche Bank

Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.

Forward-looking statements

This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events

By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement.

Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission.

Such factors are described in detail in our recent SEC Form 20-F under the heading “Risk Factors”. Copies of this document are readily available upon request or on the investor website.

How helpful was this article?

Click on the stars to send a rating

Successful