3rd Oct 2005 07:05
Unilever PLC03 October 2005 Unilever PLC and Unilever NV announce the commencement of the share buy-backprogramme of up to €500 million aggregate market value in shares in the capitalof Unilever NV and/or Unilever PLC announced in February 2005. The purpose ofthe programme is to enhance earnings per share. This is in addition to thereplenishment by Unilever NV of treasury shares used for the conversion of its€0.05 preference shares, also announced in February 2005, under which 14.2Mshares have been bought back as of 30 September 2005. The buy-back may be of either Unilever NV shares, Unilever PLC shares or both.The buy-back will take place within the limitations of the authority granted tothe Boards by the respective general meetings of shareholders. During the closeperiod the buyback will be made pursuant to irrevocable agreements. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Unilever