ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

UCG Unicredit Spa

34.72
0.14 (0.40%)
Last Updated: 11:31:11
Delayed by 15 minutes
Share Name Share Symbol Market Type
Unicredit Spa BIT:UCG Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.14 0.40% 34.72 34.715 34.725 35.17 34.67 34.70 2,709,110 11:31:11

UniCredit Halts 2020 Dividends, Share Buybacks on ECB Recommendation

29/07/2020 7:24am

Dow Jones News


Unicredit (BIT:UCG)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Unicredit Charts.

By Matteo Castia

 

UniCredit SpA said Wednesday that it won't pay dividends or proceed with share buybacks this year, in line with the recommendations of the European Central Bank.

"This is neutral for coupon payments on AT1 bond and CASHES instruments," the company said.

The Italian bank said it will resume payouts next year, should the ECB not extend its recommendations.

 

Write to Matteo Castia at matteo.castia@dowjones.com

 

(END) Dow Jones Newswires

July 29, 2020 02:09 ET (06:09 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

1 Year Unicredit Chart

1 Year Unicredit Chart

1 Month Unicredit Chart

1 Month Unicredit Chart

Your Recent History

Delayed Upgrade Clock