Unilever To Buy Back EUR165 Million Of Shares Over Next Month (ALLISS)

LONDON (Alliance News) - Consumer goods giant Unilever PLC on Monday said it is to buy back ...

Alliance News 29 April, 2019 | 10:51AM
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LONDON (Alliance News) - Consumer goods giant Unilever PLC on Monday said it is to buy back shares in a programme worth up to EUR165 million.

The purpose, the Walls' ice cream owner said, is to allow the FTSE 100 firm to meet share award obligations.

The buyback will start immediately and end by May 17. Unilever will buy a maximum of 995,000 Unilever PLC shares and 1.8 million Unilever NV shares.

Shares in Unilever PLC were 0.7% lower on Monday morning at 4,556.50 pence each, while those of Unilever NV were down 0.6% at EUR52.64.

By George Collard; georgecollard@alliancenews.com

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar Rating
Unilever PLC 5,070.00 GBX -0.41
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