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Deutsche Bank just announced a bond buyback, and now the stock is surging

Deutsche Bank just announced a bond buyback, and now the stock is surging

Business Insider - Portia Crowe

The stock was up more than 9% following the news. The plan is to buy about $5.4 billion in total — $3.4 billion in euro-denominated bonds and $2 billion in dollar-denominated bonds. The tender is expected to be open for seven business days for the euro-denominated bonds and 20 business days for the …

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