Deutsche Bank treasury stock inventory below 3 per cent |
Autor: Bancherul.ro
2008-11-13 16:43 |
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FRANKFURT AM MAIN, 13 November 2008 - Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today announced in the form of a
compulsory notification pursuant to the German Securities
Trading Act that on 10 November 2008 the holdings of its own
shares fell below the threshold of 3 per cent and is now 2.9
per cent.
This development is attributable to the sale of treasury
shares.
Stefan Krause, Chief Financial Officer of Deutsche Bank AG,
said:"With this initiative we continue to pursue our
stated strategy of further strengthening our capital base,
and the objective of sustaining a BIS Tier 1 ratio of over
10% in volatile and uncertain markets."
About Deutsche Bank
Deutsche Bank is a leading global investment bank with a
strong and profitable private clients franchise. A leader in
Germany and Europe, the bank is continuously growing in
North America, Asia and key emerging markets. With 81,308
employees in 75 countries, Deutsche Bank offers unparalleled
financial services throughout the world. The bank competes
to be the leading global provider of financial solutions for
demanding clients creating exceptional value for its
shareholders and people.
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