Common Shares (Tables)

12 Months Ended

Dec. 31, 2025

Common Shares [Abstract]


Number of shares		Issued and fully paid		Treasury shares		Outstanding
Common shares, January 1, 2024		2,040,242,959		(48,195,109)		1,992,047,850
Shares issued under share-based compensation plans		—		—		—
Capital increase		—		—		—
Common shares cancelled		(45,541,366)		45,541,366		—
Shares purchased for treasury		—		(86,796,707)		(86,796,707)
Shares sold or distributed from treasury		—		39,874,612		39,874,612
Common shares, December 31, 2024		1,994,701,593		(49,575,838)		1,945,125,755
Shares issued under share-based compensation plans		—		—		—
Capital increase		—		—		—
Common shares cancelled		(84,122,616)		84,122,616		—
Shares purchased for treasury		—		(76,926,379)		(76,926,379)
Shares sold or distributed from treasury		—		34,673,888		34,673,888
Common shares, December 31, 2025		1,910,578,977		(7,705,713)		1,902,873,264

Authorized capital


Authorized capital		Consideration		Pre-emptive rights		Expiration date
€ 498,000,000		Cash		May be excluded pursuant to Section 186 (3) sentence 4 of the Stock Corporation Act and may be excluded in so far as it is necessary to grant pre-emptive rights to the holders of option rights, convertible bonds, and convertible participatory rights		April 30, 2030
€ 1,995,000,000		Cash		May be excluded in so far as it is necessary to grant pre-emptive rights to the holders of option rights, convertible bonds, and convertible participatory rights.		April 30, 2030

The following table presents the amount of dividends proposed or declared for the years ended December 31, 2025,

2024 and 2023, respectively.


		2025 (proposed)		2024		2023
Cash dividends declared (in € )		1,902,873,264		1,314,856,308		882,615,288
Cash dividends declared per common share (in € )		1.00		0.68		0.45