03:08 PM EDT, 05/15/2025 (MT Newswires) -- Deutsche Bank ( DB ) has applied to the European Central Bank for an additional share buyback in H2, Chief Executive Christian Sewing said in a speech posted on the bank's website Thursday.

The speech will be delivered to the shareholders at the bank's annual general meeting on May 22.

Deutsche Bank ( DB ) currently has a 750 million euros ($838.1 million) share repurchase program in progress, and the bank plans to propose at the meeting a dividend of 68 euro cents per share, reflecting a 50% increase from the prior year, the company said.

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