Unilever (GB:ULVR) has released an update.
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Unilever PLC has successfully completed the first segment of its substantial €1.5 billion share buyback program, acquiring a total of 13,437,701 shares at a value of €700 million. The company has indicated that subsequent portions of the buyback initiative will be announced in the future. This strategic financial move underscores Unilever’s commitment to shareholder value and comes after a year of generating €59.6 billion in sales.
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