Unilever share buyback programme
Announced on 10 February 2022
On 10 February 2022, Unilever PLC announced its 2021 Full Year results and a share buyback programme of up to €3 billion to be completed over 2022-2023.
Announced on 23 March 2022
On 23 March 2022, Unilever PLC announced it would commence its programme to buy back shares with an aggregate market value equivalent of up to €3 billion.
The first tranche of this buyback programme (the "Initial Programme") will be for an aggregate market value equivalent to €750,000,000 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 purpose of the Initial Programme is to reduce the capital of Unilever PLC and it will take place within the limitations of the authority granted to the Board of Unilever PLC by its general meeting, held on 5 May 2021, pursuant to which the maximum number of shares to be bought back by Unilever PLC is 262,811,000.
After deducting the number of shares bought back by Unilever PLC under the first and second tranches of the previous buyback programme announced on 29 April 2021, the maximum number of shares to be bought back by Unilever PLC under the Initial Programme is 199,834,855.
The Initial Programme will commence on 23 March 2022 and will end on or before 29 July 2022.
Unilever PLC has entered into non-discretionary instructions with HSBC Bank plc 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 (ZIP 5.53 MB) is available here.
View the Unilever Share Buyback Programme from 2017
View the Unilever Share Buyback Programme from 2018
View the Unilever Share Buyback Programme from 2019
View the Unilever Share Buyback Programme from 2021