Intesa Sanpaolo announced it has executed a series of share buyback transactions between 28 July and 1 August 2025. The initiative is part of the bank’s previously disclosed programme to purchase its own shares for annulment, which began on 2 June 2025 after being announced on 26 May.
According to the bank, Morgan Stanley Europe SE acted as the third-party intermediary responsible for carrying out the transactions independently and without involvement from Intesa Sanpaolo Group. The purchases took place on Euronext Milan, managed by Borsa Italiana.
During this period, Intesa Sanpaolo acquired a total of 2,521,692 shares. This represents about 0.01% of its share capital. The average price paid per share was €5.0248, with a total transaction value amounting to €12,670,997.96.
The company stated: “With reference to the execution of the programme of purchase of own shares for annulment (buyback), which was disclosed to the market on 26 May 2025 and launched on 2 June 2025, Intesa Sanpaolo, pursuant to applicable regulations, communicates that – on the basis of information provided by Morgan Stanley Europe SE, the third-party intermediary appointed to execute the programme in full independence and without any involvement of the Intesa Sanpaolo Group – from 28 July to 1 August 2025 the Bank executed the purchase transactions summarised in the table below on the regulated market Euronext Milan managed by Borsa Italiana.”
The buyback forms part of broader efforts by European banks to manage their capital structures through share repurchases or similar programmes.
