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Caixabank reaches 94.54% execution of buyback of own shares, of a maximum amount of €500 M

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Posted By: The Corner 28th December 2023

Alphavalue/DIVACONS| The Catalan bank reached 94.54% execution of its buyback of its own shares in the first fourteen weeks since the start of the programme, whose maximum amount is €500 million. In these fourteen weeks, the bank has already disbursed €472.1 million to acquire 122.1 million of its own shares, according to the information sent to the Spanish National Securities Market Commission (CNMV).

Caixabank: Buy, Target Price €5.36/share.

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.