Unilever licks off first tranche of share buyback programme

Unilever announced the start of its €1.5bn share buyback programme on Friday, kicking off the first tranche of up to €850m worth of shares.

The FTSE 100 consumer goods giant first announced the programme, valued at up to €1.5 bn in total, alongside its full-year results in February.

It said the first tranche would conclude by 30 August.

Reporting by Josh White for Sharecast.com.