Italian bank to reward shareholders with buyback and dividend

  • UniCredit to buy back up to 200 million shares
  • Proposing a dividend of 1.795 euros per share for 2023
  • Buyback proposal corresponds to EUR3.09 billion

UniCredit has announced its plans to buy back up to 200 million shares and propose a dividend of 1.795 euros per share for 2023. The buyback proposal corresponds to a total of EUR3.09 billion. Shareholders will have the opportunity to vote on these measures at the next meeting scheduled in April.

Factuality Level: 9
Factuality Justification: The article provides a straightforward report on UniCredit’s announcement regarding buying back shares and proposing a dividend for 2023. The information is clear, concise, and directly related to the main topic without any irrelevant details or bias.
Noise Level: 2
Noise Justification: The article provides clear and concise information about UniCredit’s buyback plan and dividend proposal for 2023. It stays on topic without diving into unrelated territories. The article supports its claims with specific numbers and details, making it easy for the reader to understand the key points.
Financial Relevance: Yes
Financial Markets Impacted: UniCredit
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article pertains to a financial topic as it discusses UniCredit’s plan to buy back shares and propose a dividend. There is no mention of an extreme event or its impact.
Public Companies: UniCredit (UCG)
Key People: Pierre Bertrand (Author)


Reported publicly: www.marketwatch.com