REG - Unilever PLC - Share Buy-Back - Commencement of Second Tranche

UnileverAnnouncement

06/09/2022 09:15

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RNS Number : 4200Y  Unilever PLC  06 September 2022

Share Buy-Back Programme - Commencement of Second Tranche

6 September 2022

London - Unilever PLC announces the commencement of the second tranche of its
programme to buy back shares with an aggregate market value equivalent of up
to €3 billion.

On 10 February 2022, Unilever PLC announced its fourth quarter and full year
2021 results and a share buyback programme of up to €3 billion to be
conducted over the next two years.

On 23 March 2022, Unilever PLC announced commencement of the first tranche of
this buyback programme (the "Initial Programme") for an aggregate market value
equivalent to €750,000,000.

Unilever PLC now announces commencement of the second tranche of this buyback
programme (the "New Programme") 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 New Programme, will be announced in due course. The purpose
of the New 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 4th May 2022, pursuant to which the
maximum number of shares to be bought back by Unilever PLC is 256,262,000.

The New Programme will commence on 6 September 2022 and will end on or before
23 December 2022.

Unilever PLC has entered into non-discretionary instructions with Morgan
Stanley & Co. International PLC to conduct the New Programme on its behalf
and to make trading decisions under the New Programme independently of
Unilever PLC.

Unilever PLC

Unilever House

100 Victoria Embankment

London EC4Y 0DY

United Kingdom

Press-Office.London@Unilever.com (mailto:Press-Office.London@Unilever.com)

 

CAUTIONARY STATEMENT

 

This announcement may contain forward-looking statements, including
'forward-looking statements' within the meaning of the United States Private
Securities Litigation Reform Act of 1995, including with relation to
Unilever's share buyback programme, its purpose and timetable. Words such as
'will', 'aim', 'expects', 'anticipates', 'intends', 'looks', 'believes',
'vision', or the negative of these terms and other similar expressions of
future performance or results, and their negatives, are intended to identify
such forward-looking statements. These forward-looking statements are based
upon current expectations and assumptions regarding anticipated developments
and other factors affecting the Unilever Group (the 'Group'). They are not
historical facts, nor are they guarantees of future performance or outcomes.
Because these forward-looking statements involve risks and uncertainties,
actual results may differ materially from those expressed or implied by these
forward-looking statements. These forward-looking statements speak only as of
the date of this announcement. Except as required by any applicable law or
regulation, the Group expressly disclaims any obligation or undertaking to
release publicly any updates or revisions to any forward-looking statements
contained herein to reflect any change in the Group's expectations with regard
thereto or any change in events, conditions or circumstances on which any such
statement is based.

 

Further details of potential risks and uncertainties affecting the Group are
described in the Group's filings with the London Stock Exchange, Euronext
Amsterdam and the US Securities and Exchange Commission, including in the
Annual Report on Form 20-F 2021 and the Unilever Annual Report and Accounts
2021 available on our corporate website www.unilever.com
(http://www.unilever.com) .

 

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