(Finance) – BPM deskfollowing the press release of April 20, 2023, announced that it will give start of the program for the purchase of own shares serving employee incentive plans. The Program will last from 4 to 15 March 2024 (inclusive).
The Bank has announced that the maximum overall value of the purchases is equal to 5 million euros and the purchase of treasury shares will take place for a maximum number of ordinary shares, which, considering the reference price of 29 February 2024 of 5.374 euros per action, would correspond to n. 930,406 shares, equal to approximately 0.06% of the share capital of Banco BPM.
The share purchase program will be carried out on regulated markets by the subsidiary Banca Akros, which will carry out the purchases in full independence and without any influence on the part of Banco BPM.
In Piazza Affari, today, a compound increase for the bank born from the merger of Banco Popolare with Popolare di Milanowhich closed the session with a gain of 1.49%.