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ISNPY Intesa Sanpaolo SPA (PK)

23.14
-0.576 (-2.43%)
Last Updated: 16:17:28
Delayed by 15 minutes
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
  -0.576 -2.43% 23.14 23.09 23.14 23.27 23.13 23.172 215,358 16:17:28

Intesa Sanpaolo Launches EUR1.7 Billion Share Buyback

27/06/2022 6:58am

Dow Jones News


Intesa Sanpaolo (PK) (USOTC:ISNPY)
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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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