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Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit

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Summary
Nutrition label

77% Informative

Commerzbank announces 20% increase in net profit to 2.68 billion euros ( $2.78 billion ) in 2024 .

Group laid out intentions to repurchase 400 million euros of shares.

Shares in the lender were up 2.3% at 1:30 p.m. London time, following the release.

VR Score

88

Informative language

95

Neutral language

40

Article tone

semi-formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no external sources

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no sources

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