Unilever Plc (UK) (GB:ULVR) has released an update.
Unilever PLC has announced the launch of a significant share buyback program, aiming to repurchase up to €1.5 billion worth of shares throughout 2024. The initial phase of the buyback will see the company acquiring up to €850 million of its own ordinary shares, starting from 17 May until 30 August 2024. This move is intended to reduce the company’s capital, with the buyback being executed under the governance of a non-discretionary agreement with Goldman Sachs International.
For further insights into GB:ULVR stock, check out TipRanks’ Stock Analysis page.
