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ISP Intesa Sanpaolo Spa

3.517
-0.0025 (-0.07%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intesa Sanpaolo Spa BIT:ISP Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0025 -0.07% 3.517 3.5095 3.5445 3.5675 3.5045 3.5495 97,073,074 02:00:55

Intesa Sanpaolo Launches EUR1.7 Billion Share Buyback

27/06/2022 6:58am

Dow Jones News


Intesa Sanpaolo (BIT:ISP)
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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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