BPER Banca SpA commences an Equity Buyback Plan for 6,700,000 shares, representing 0.47% of its issued share capital, under the authorization approved on April 26, 2023.

BPER Banca SpA (BIT:BPE) commences share repurchases on March 11, 2024, under the program mandated by the shareholders in the Ordinary General Meeting held on April 26, 2023. As per the mandate, the company is authorized to repurchase up to 6,700,000 shares, representing 0.47% of its share capital for not more than ?13 million. The maximum and minimum purchase price of shares will be not be more than 5% and less than 5%, at the official price registered by the share on the Mercato Telematico Azionario the day before the purchase.

In any case, the price cannot be higher than the highest of the last one independent transaction and the current one of the highest independent bid in the market. The plan will be valid for 18 months from the date of issuance of the Shareholders' Meeting.