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Commerzbank launches €1.2bn buyback; Orlopp urges tighter government coordination

Commerzbank AG launched a €1.2bn buyback running 4 Sep 2026 to 10 Feb 2027. Shares rose 2.3% and CEO Orlopp warned rapid integration could aid rivals and harm customers and talent without close German government coordination.

CBK

3%. CEO Orlopp said rapid integration risks could benefit rivals and hurt customers and talent, while urging close coordination with the German government. BlackRock crossed a 3% stake on Aug 2.