UniCredit to Launch EUR651.6 Million Buyback Next Week
December 10 2021 - 12:31AM
Dow Jones News
By Cristina Roca
UniCredit SpA said late on Thursday that it will start a share
buyback program next week.
The Italian bank will buy back shares for a total of up to 651.6
million euros ($735.8 million), representing up to about 4.94% of
its share capital.
The buyback program, the bank's second this year, is expected to
wrap up in the first quarter of 2022.
The shares that will be bought back will be cancelled.
Write to Cristina Roca at cristina.roca@wsj.com
(END) Dow Jones Newswires
December 10, 2021 01:16 ET (06:16 GMT)
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