Intesa Sanpaolo completes buyback of over ten million shares for annulment

Gian Maria Gros-Pietro Chairman of the Board of Directors of Intesa Sanpaolo Wikipedia
Gian Maria Gros-Pietro Chairman of the Board of Directors of Intesa Sanpaolo - Wikipedia
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Intesa Sanpaolo has reported the completion of a share buyback operation between 21 July and 25 July 2025. The programme, which was previously announced to the market on 26 May 2025 and started on 2 June 2025, involves the purchase of its own shares for annulment.

The bank stated that Morgan Stanley Europe SE acted as the third-party intermediary responsible for executing the buyback independently, without any involvement from Intesa Sanpaolo Group.

According to information provided by Morgan Stanley Europe SE, Intesa Sanpaolo acquired a total of 10,827,762 ordinary shares during this period. This represents about 0.06% of the bank’s share capital. The average price paid per share was 4.9042 euro, resulting in a total expenditure of approximately 53.1 million euro.

The transactions were carried out on Euronext Milan, which is managed by Borsa Italiana.



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