LONDON (dpa-AFX) - Consumer goods major Unilever Plc (ULVR.L, UL) announced
Friday the commencement of its share buyback program for up to 1.5 billion
euros.

The program to buy back shares were announced in February along with its fiscal
2023 results.

The first tranche of the Program will be for an aggregate market value
equivalent of up to 850 million euros, which will be bought back in the form of
Unilever PLC ordinary shares.

It will commence today and will end on or before August 30. With the First
Tranche, the company plans to reduce the capital of Unilever PLC. It will take
place within the limitations of the authority granted to the Board of Unilever
PLC by its general meeting, held on May 1, pursuant to which the maximum number
of shares to be bought back by Unilever PLC is 250.20 million.

Unilever said it has entered into non-discretionary instructions with Goldman
Sachs International to conduct the First Tranche on its behalf and to make
trading decisions.



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