(Alliance News) - Banco BPM Spa announced on Friday that it has launched a new buyback program of its own shares to support all existing short- and long-term employee incentive plans that provide for deferred shares that will come into actual availability in the period between 2024 and 2031 subject to the successful verification of all future vesting conditions.

The maximum total countervalue is EUR5 million.

Banco BPM on Friday closed in the green by 1.5 percent at EUR5.45 per share.

By Claudia Cavaliere, Alliance News reporter

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