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