Commerzbank has announced a share buyback program worth up to 600 million euros as part of its strategy to remain independent amid a potential takeover by rival UniCredit. CEO Bettina Orlopp is seeking to unlock more capital to pay out or invest, including selling an SRT linked to 2 billion euros in corporate loans. The bank has raised its full-year outlook and confirmed a net result target of around 2.4 billion euros for the full year. This comes after reporting better-than-expected Q3 profits and results after nine months that are ahead of plan, which have bolstered its case to stand alone.