Announced on 29 April 2021
On 29 April 2021, Unilever PLC announced its first quarter results and a share buyback programme of up to €3 billion to be completed by the end of the year.
Announced on 6 May 2021
On 6 May 2021, Unilever PLC announced it would commence the first tranche of this buyback programme (the “Initial Programme”) on 6 May 2021 for an aggregate market value equivalent to €1.5 billion which will be bought back in the form of Unilever PLC ordinary shares.
Any further tranches of the buyback programme, which may be conducted after completion of the Initial Programme, will be announced in due course.
The Initial Programme, the purpose of which is to reduce the capital of Unilever PLC, will take place within the limitations of the authority granted to the Board of Unilever PLC by its general meeting, held on 5th May 2021, pursuant to which the maximum number of shares to be bought back by Unilever PLC is 262,811,000.
The Initial Programme will commence on 6 May 2021 and will end on or before 27 August 2021.
Unilever PLC has entered into non-discretionary instructions with UBS AG, London Branch to conduct the Initial Programme on its behalf and to make trading decisions under the Initial Programme independently of Unilever PLC.
A breakdown of daily transaction details will be available here (beginning 10 May 2021) updated weekly during the course of the buyback programme.
View the Unilever Share Buyback Programme from 2017
View the Unilever Share Buyback Programme from 2018
View the Unilever Share Buyback Programme from 2019