UPDATE 2-UniCredit bets on share buyback to counter weak profit growth
Italy’s biggest bank
UniCredit promised shareholders a 2 billion euro ($2.2
billion) share buyback in an effort to revive its moribund
stock, but warned that its profit would barely grow despite
plans to shed 9% of its staff.
UniCredit promised shareholders a 2 billion euro ($2.2
billion) share buyback in an effort to revive its moribund
stock, but warned that its profit would barely grow despite
plans to shed 9% of its staff.
Posted by Reuters
