Banco BPM buys over 2.46 million of its own shares and concludes the second tranche of the program

Banco BPM buys over 246 million of its own shares

(Telestock) – BPM Bank has announced that it has purchasedfrom 17 to 18 September 2024 overall 2,464,487 treasury shares (equal to 0.16% of the ordinary shares in circulation) at an average unit price of 6.086458 euros, for a counter value total equal to 14.999.997,08 euroas part of the share buyback program.

Following the above operations, BPM Bank dated September 18, 2024 has completed the second tranche of share purchases and taking into account the other treasury shares already in the portfolio at the start of the Programme (n. 11,342,227), the Bank directly owns, as of 19 September, n. 13,806,714 treasury shares, equal to 0.91% of the share capital.

At Piazza Affari, moderate decline for the Bank born from the merger of Banco Popolare with Popolare di Milanowhich closed the day of September 19 with a negative percentage variation of 0.81% compared to the previous session.

tlb-finance