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home / news releases / UNCFF - UniCredit launches second share buyback for up to Euro1B

UNCFF - UniCredit launches second share buyback for up to Euro1B

Unicredito SpA
  • Italian banking group UniCredit ( OTCPK:UNCFF ) ( OTCPK:UNCRY ) announced on Wednesday that it has launched its second share buyback this year, for up to €1B.
  • The program is expected to conclude by the end of November 2022 and will bring the overall capital distribution on 2021 earnings to €3.75B, as CEO Andrea Orcel works towards a goal of returning over €16B to shareholders by 2024.
  • In July, the bank completed a first tranche of buyback worth €1.58B, repurchasing 7.42% of its share capital.

For further details see:

UniCredit launches second share buyback for up to €1B
Stock Information
Company Name: Unicredito SpA
Stock Symbol: UNCFF
Market: OTC
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