ABN Amro plans extra 500 million euros distribution as Q4 profit misses expectations

Core Viewpoint - ABN Amro plans to distribute an additional 500 million euros ($595 million) to its shareholders through a buy-back program and dividend, following a strong fourth-quarter net profit of 41 million euros [1] Group 1: Financial Performance - The bank reported a fourth-quarter net profit of 41 million euros [1] - The decision to return capital to shareholders reflects the bank's strong financial position and profitability [1] Group 2: Shareholder Returns - ABN Amro's plan includes a buy-back program and dividend distribution totaling 500 million euros [1] - This move is aimed at enhancing shareholder value and demonstrating confidence in the bank's future prospects [1]