REG - Unilever PLC - Share Buy-Back Programme

UnileverAnnouncement

08/09/2023 08:00

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RNS Number : 8465L  Unilever PLC  08 September 2023

Share Buy-Back Programme - Commencement of Fourth Tranche

 

London - Unilever PLC announces the commencement of the fourth and final
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 (the "Programme").

On 23 March 2022, Unilever PLC announced the commencement of the first tranche
of the Programme for an aggregate market value equivalent to €750 million.

On 6 September 2022, Unilever PLC announced the commencement of the second
tranche of the Programme for an aggregate market value equivalent to €750
million.

On 17 March 2023, Unilever PLC announced the commencement of the third tranche
of the Programme for an aggregate market value equivalent to €750 million.

Unilever PLC now announces the commencement of the fourth and final tranche of
the Programme (the "Fourth Tranche") for an aggregate market value equivalent
to €750 million which will be bought back in the form of Unilever PLC
ordinary shares.

The purpose of the Fourth Tranche 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 3rd May 2023, pursuant
to which the maximum number of shares to be bought back by Unilever PLC is
253,000,000.

The Fourth Tranche will commence on 8 September 2023 and will end on or before
22 December 2023.

Unilever PLC has entered into non-discretionary instructions with Merrill
Lynch International to conduct the Fourth Tranche on its behalf and to make
trading decisions under the Fourth Tranche 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,
there are important factors that could cause actual results to 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 2022 and the Unilever Annual Report and Accounts
2022 available on our corporate website www.unilever.com
(http://www.unilever.com) .

 

 

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