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Name | Symbol | Market | Type |
---|---|---|---|
Intesa Sanpaolo SPA (PK) | USOTC:ISNPY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.24 | -1.02% | 23.26 | 22.92 | 23.75 | 23.4099 | 23.2463 | 23.4099 | 64,551 | 21:17:25 |
By Kim Richters
Intesa Sanpaolo SpA said late Friday that it is launching its previously approved share-repurchase program with an initial buyback valued at 1.7 billion euros ($1.79 billion).
The Italian bank said it will buy back shares between July 4 and the end of October. The buyback is part of a program for up to EUR3.4 billion approved at the shareholders' meeting in April, Intesa said.
The bank said it will "defer to a subsequent date, by the time the results as at 31 December 2022 are approved, the decisions regarding the execution for the remaining authorized amount."
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
June 27, 2022 01:43 ET (05:43 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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