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Unilever purchases own shares

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Unilever purchases own shares

Unilever PLC said June 9 that it repurchased 227,107 of its ordinary shares on the London Stock Exchange, as part of the €5 billion share buyback program it announced in May.

The fast-moving consumer goods company paid an average price of 4,330 pence per share, with the highest price paid per share being 4,384 pence and the lowest price paid per share being 4,296 pence.

With the repurchases, Unilever now holds 30,585,733 of its ordinary shares in treasury and has 1,279,570,628 ordinary shares in issue.

The London Branch of Deutsche Bank AG carried out the share buyback program on behalf of the company.