BNP PARIBAS Group: end of 900 million euros share buyback programSource: OMX
Paris, 06 December 2021
BNP Paribas announces the end of its 900 million euros share buyback program
The BNP Paribas share buyback program, which started on 01 November 2021, was fully completed on 06 December 2021.
Between 01 November 2021 and 06 December 2021, 15 466 915 BNP Paribas’ shares were purchased for an overall purchase price of EUR 900 million, the maximum amount of the program. Accordingly, the irrevocable instruction given to an investment service provider acting independently for the execution of the share buyback program announced on 29 October 2021 ended on the 06 December 2021.
In accordance with the announcement made on 29 October 2021, shares acquired in the context of this share buyback program will be cancelled.
The description and the weekly information on the progress of the program to purchase shares executed since 01 November 2021 are available on the BNP Paribas website: https://invest.bnpparibas/en/search/reports/documents
About BNP Paribas
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 68 countries and has more than 193,000 employees, including nearly 148,000 in Europe. The Group has key positions in its three main fields of activity: Retail Banking for the Group’s retail-banking networks and several specialised businesses including BNP Paribas Personal Finance and Arval ; Investment & Protection Services for savings, investment and protection solutions ; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated retail-banking model across several Mediterranean countries, Turkey, Eastern Europe as well as via a large network in the western part of the United States. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.
BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.