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LONDON - Unilever PLC (LON:ULVR) has announced the successful completion of its share buyback program, which was initially declared on February 13, 2025. The consumer goods giant repurchased a total of 27,815,955 ordinary shares, amounting to an aggregate market value of just under €1.5 billion.
The buyback’s completion follows Unilever’s latest total voting rights figure, which was published on May 1, 2025, under the UK Financial Conduct Authority’s Disclosure Guidance and Transparency Rule 5.
Unilever, known for its wide range of consumer goods spanning Beauty & Wellbeing, Personal Care, Home Care, Foods, and Ice Cream, serves approximately 3.4 billion consumers daily. The company, which employs around 120,000 people worldwide, reported a turnover of €60.8 billion in 2024.
While the press release contained forward-looking statements regarding Unilever’s expectations of future performance, it also cautioned that these statements are subject to known and unknown risks and uncertainties that could materially affect actual results.
The completion of the buyback program is a significant financial move for Unilever and is part of the company’s capital allocation strategy. Share buybacks are commonly used by companies to return value to shareholders and can potentially improve earnings per share by reducing the number of shares outstanding.
This announcement is based on a press release statement and does not constitute an endorsement of Unilever’s performance or future outlook. It is essential to note that past performance is not indicative of future results, and investors should consider the full range of risks and uncertainties mentioned in the company’s filings with regulatory authorities.
For further details on Unilever’s financials and corporate actions, interested parties may refer to the company’s official filings and annual reports.
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