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Unilever ( (GB:ULVR) ) has shared an update.
Unilever PLC has announced a new share buyback program of up to €1.5 billion starting 13 February 2025 and concluding by 6 June 2025. This initiative aims to reduce Unilever’s capital and will be executed under the guidance of Goldman Sachs International. The buyback is a strategic move to enhance shareholder value and reflects Unilever’s robust financial position, potentially impacting the company’s market presence and investor confidence.
More about Unilever
Unilever is a global consumer goods company with a diverse portfolio that includes Beauty & Wellbeing, Personal Care, Home Care, Foods, and Ice Cream brands. The company serves 3.4 billion consumers daily with products ranging from household necessities to premium indulgences. Unilever employs around 120,000 people and reported a turnover of €60.8 billion in 2024.
YTD Price Performance: 3.85%
Average Trading Volume: 3,377,781
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £116.6B
Learn more about ULVR stock on TipRanks’ Stock Analysis page.
