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Unilever: kicks off share buyback plan
(CercleFinance.com) - Unilever has kicked off its share buyback program on Tuesday, with plans to repurchase up to 6 billion euros of stock and to reduce its capital in the end.
The first tranche of the buyback is aiming at 3 billion euros of stock, of which 1.5 billion euros will be bought back in the form of Unilever PLC ordinary shares, and 1.5 billion euros in the form of Unilever N.V. ordinary shares, the Anglo-Dutch giant said. This initial program will end no later than July 2018. Copyright (c) 2018 CercleFinance.com. All rights reserved. |
19/04/2024 18:06
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