ET 04:31

Unilever (UN) Announces EUR1.5B Share Buyback Plan Amid FY25 Profit Increase

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Unilever (UN) reported higher net profit for fiscal 2025, with sales and operating profit up year-over-year, and announced a EUR1.5 billion share buyback program to be funded through cash reserves, effective immediately. The buyback, subject to market conditions and regulatory approvals, reflects the company's confidence in its underlying performance and future growth. For fiscal 2026, management expects both sales and gross margin to grow, supported by continued optimization of the product portfolio and operational efficiency.

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