Munich Re to comment on share buyback prospects in November -CEO

MUNICH Tue Aug 6, 2013 4:52am EDT

MUNICH Aug 6 (Reuters) - Munich Re will comment on the prospect for share buybacks when unveiling its earnings results for the third quarter on Nov. 7, Chief Executive Nikolaus von Bomhard said on Tuesday.

"We will have a concrete statement on this subject when we release the figures for the third quarter," von Bomhard told a news conference.

"We have already indicated that we see room (for share buybacks) but we want to see what the capital market does up to then," he said. (Reporting by Alexander Huebner, writing by Jonathan Gould)