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Unilever to commence €5bn buy-back programme

18 May 2017 14:30

Unilever PLC and Unilever N.V. have confirmed that the previously announced €5bn buy-back programme will commence on 19 May.

Under the terms of the programme, between €1.5bn and €2.5bn will be bought back on the London Stock Exchange in the form of Unilever PLC ordinary shares.

The balance of the aggregate €5bn will be bought back on Euronext in Amsterdam in the form of Unilever N.V. ordinary shares or depositary receipts.

At 2:29pm:

(LON:ULVR) Unilever PLC share price was -63p at 4091p

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