Bper Banca At 18: year highs on synthetic exposure deal to own shares

Banca Popolare Di Sondrio SpA

21/10/2025 09:00

** Shares of BPER Banca EMII.MI rise around 8%, reaching their highest price since October 2007

** The Italian lender said on Tuesday it has signed derivative contracts to acquire a 9.99% synthetic exposure of its share capital

** "The transaction reflects management's confidence in the bank's growth path," Equita says, adding it allows for optimal management of a potential share buyback plan

** It also notes the move signals confidence in the bank's growth prospects in view of the upcoming integration of Banca Popolare di Sondrio BPSI.MI expected by the first half of 2026

** Session's gains bring BPER Banca's YTD gains to 66%

** Banca Popolare di Sondrio is also up around 7%

 (Reporting by Laura Contemori)

 ((Laura.contemori@thomsonreuters.com))