Generali launches $227.5 million share buyback

by user


Assicurazioni Generali SpA will start a share-buyback program worth up to 210 million euros ($227.5 million), its said late Thursday.

The Italian insurer
G,
-0.88%

said it would buy back a maximum of 10.5 million shares from Friday, to end by March, as part of its long-term incentive plan from 2022-24.

The maximum purchase price can’t exceed 5% of the price during the stock-exchange session on the prior day, it added.

Write to Ed Frankl at edward.frankl@dowjones.com



Source link

Related Posts

Leave a Review

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy