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An announcement from Unicaja Banco SA ( (ES:UNI) ) is now available.
Unicaja Banco announced a capital reduction of 20,849,752.75 euros by amortizing 83,399,011 own shares, representing 3.14% of its share capital. This move, part of a buyback program, is neutral in terms of equity and solvency levels, indicating a strategic financial adjustment without impacting the bank’s stability.
More about Unicaja Banco SA
Unicaja Banco, S.A. is a financial institution based in Malaga, Spain. It operates in the banking industry, providing a range of financial services and products. The bank is focused on serving both individual and corporate clients, with a significant presence in the Spanish market.
YTD Price Performance: 28.68%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.36B
Learn more about UNI stock on TipRanks’ Stock Analysis page.