(Finance) – Intesa Sanpaolo today received authorization from the ECB regarding the purchase of its own shares aimed at cancellation (buyback) for a maximum total outlay of 1.7 billion euros, which will be submitted for approval at the next ordinary meeting.
The same bank led by Carlo Messina made this known in a note, adding that the details of the buyback operation, to be started in June 2024, will be made known within the terms established by the legislation.
Intesa Sanpaolo, authorized by the ECB buyback of 1.7 billion
