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Unilever buys back shares


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Unilever buys back shares

Unilever PLC said June 8 that it bought back 320,000 of its ordinary shares on the London Stock Exchange.

The repurchased shares are part of the €5 billion share buyback program Unilever announced in May and will be held in treasury.

The company paid an average price of 4,307 pence per share, with the highest price paid per share being 4,351 pence and the lowest price paid per share being 4,276 pence.

With the buyback, the fast-moving consumer goods company now holds 30,358,626 of its ordinary shares in treasury and has 1,279,797,735 ordinary shares in issue.

Deutsche Bank AG carried out the repurchases on behalf of the company.