Unilever Strengthens Capital Structure with Share Buy-back

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Unilever Strengthens Capital Structure with Share Buy-back

Unilever ( (GB:ULVR) ) has provided an announcement.

Unilever PLC has announced the repurchase of 30,000 of its ordinary shares on the London Stock Exchange as part of its ongoing share buy-back programme. This move is aimed at consolidating its treasury shares, which now total 62,434,277, while maintaining 2,506,113,542 shares in issue. The transaction, executed through Goldman Sachs International, reflects Unilever’s strategic efforts to manage its capital structure and potentially enhance shareholder value.

More about Unilever

Unilever PLC is a leading global consumer goods company operating in the food, home care, and personal care industries. The company is known for its wide range of products, including well-known brands in the market, and focuses on sustainability and innovation to maintain its competitive edge.

YTD Price Performance: 2.99%

Average Trading Volume: 4,509,800

Technical Sentiment Signal: Strong Sell

Current Market Cap: £113.9B

See more data about ULVR stock on TipRanks’ Stock Analysis page.

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