Generali Launches EUR210 Million Share Buyback
20 January 2023 - 06:00PM
Dow Jones News
By Ed Frankl
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 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
(END) Dow Jones Newswires
January 20, 2023 01:45 ET (06:45 GMT)
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