Mediobanca cancels treasury shares equal to 2.4% of its share capital
Notice of change in share capital following cancellation of treasury shares
Mediobanca hereby gives notice of the change in the composition of its share capital (fully subscribed for and paid up) following the cancellation, made on 31 July 2025, of 20,000,000 treasury shares owned by the Bank with no reduction in share capital (pursuant to the resolution adopted by shareholders at the Annual General Meeting held on 28 October 2024). The amended Articles of Association were filed with the Companies’ Register on the same date.
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Current
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Previous |
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Amount in €m
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444,680,575 |
444,680,575 |
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No. of shares [1] |
813,279,689 |
833,279,689 |
It should be recalled that the share buyback programme authorized by shareholders gathered in ordinary general meeting on 28 October 2024 and by the European Central Bank was completed on 2 July 2025. Mediobanca bought back a total of 24,146,245 shares, equal to 2.9% of the company’s share capital, for a total outlay of approx. €385m. The buyback forms part of the shareholder remuneration policy provided for in the 2023-2026 Strategic Plan.
Milan, 31 July 2025
[1] Ranking for dividends pari passu, current coupon no. 43.