IN BRIEF: Unilever launches second tranche of share buyback programme

Alliance News

13th Sep 2024, 08:47am

Unilever PLC - London-based consumer goods company behind Marmite, Dove, Persil and Lynx - Commences second and final tranche of its EUR1.5 billion buyback as announced in February. Already the company has repurchased 13.4 million shares with a market value of EUR700.1 million. The second tranche, being conducted independently by BNP Paribas Financial Markets SNC, will reduce share capital further with up to EUR799.9 million worth of shares due to be repurchased before December 13.

Current stock price: 4,938.00 pence, up 0.2% in London on Friday morning

12-month change: up 22%

By Elijah Dale, Alliance News reporter

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