Bock, Rabe, Reitzle – Why do supervisory boards approve share buybacks?

Corona crisis. Digitization. Climate protection. But instead of putting money aside or investing heavily, Dax companies are buying shares en masse. A revelation that reveals considerable problems in the supervisory boards Have you been rubbing your eyes in amazement, too? German companies plan to spend up to 17 billion euros on share buybacks, the Handelsblatt recently reported. A record figure. As if the Corona crisis had been over for a …

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Dominik Asam (Bertelsmann)

Interesting personnel development in Gütersloh: On January 1, Airbus CFO Dominik Asam will join Bertelsmann’s Supervisory Board, the company announced. The mechanical engineering graduate will not replace anyone there: Bertelsmann is increasing the supervisory body 13 to 14 members. The 52-year-old newcomer Asam will meet numerous experienced managers in Gütersloh, including Deutsche Bank board member Bernd Leukert, VW supervisory board chairman Hans Dieter Pötsch and Bodo Uebber. Two years on …

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