By Mauro Orru


Intesa Sanpaolo said it had received the green light from the European Central Bank to buy back up to 1.7 billion euros ($1.86 billion) of shares.

The Italian bank said Monday that the buyback, to be submitted for approval at the upcoming ordinary shareholders' meeting, would launch in June.


Write to Mauro Orru at mauro.orru@wsj.com


(END) Dow Jones Newswires

03-11-24 1422ET