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The company added a special dividend, on top of its usual payout, as its net cash exceeded €10 billion.

Last month, the bank suspended its dividend on common stock after the collapse of Silicon Valley Bank.

The company also announced a 4.2 billion euro dividend on 2022 results, or 1.34 euros per share, and said it would propose a share buyback program worth up to 1.5 billion euros to be performed by the end of this year.

British retailer Dunelm Group Plc declared a special dividend on Wednesday after its first-half sales soared 43% above pre-pandemic levels benefitting from a gain in market share in homewares and furniture.

Phillips 66 raised its quarterly dividend on Tuesday by 5% to 97 cents per share.