BuybackApr 30, 2026, 06:23 AM
UL Commences 1.5B Share Buyback Program
AI Summary
Unilever PLC has announced the commencement of a new share buyback program (SBB) of up to 1.5 billion, as previously communicated in its full year 2025 results. The purpose of the SBB is to reduce the company's capital, with a maximum of 223,263,040 shares to be repurchased. The program begins on April 30, 2026, and is expected to end by July 6, 2026, with Morgan Stanley & Co. International PLC managing the execution.
Key Highlights
- Unilever PLC commences a new share buyback program of up to 1.5 billion.
- The buyback aims to reduce the capital of Unilever.
- The maximum number of shares to be bought back is 223,263,040.
- The program starts on April 30, 2026, and will conclude on or before July 6, 2026.
- Morgan Stanley & Co. International PLC will conduct the buyback on Unilever's behalf.
- The SBB was previously announced in full year 2025 results on February 12, 2026.