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Unilever PLC - London-based consumer goods company behind Marmite, Dove, Persil and Lynx - Commences second and final tranche of its €1.5 billion buyback as announced in February. Already the company has repurchased 13.4 million shares with a market value of €700.1 million. The second tranche, being conducted independently by BNP Paribas Financial Markets SNC, will reduce share capital further with up to €799.9 million worth of shares due to be repurchased before December 13. Current stock price: 4,938.00 pence, up 0.2% in London on Friday morning 12-month change: up 22% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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