Unilever Considering Share Buy Back
April 9, 2014 9:41 amVideo
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Unilever (ULVR.L) plc shares are up this morning after news emerged the company is considering a 4Bln share buyback. An article in the Financial Times today revealed that they are considering returning cash to investors and may announce a share buyback at the next quarterly results due later this month.
The company who owns well known brands such as Dove Soap, Radox shower gel, Flora spreads and Pot Noodle currently has a large free cash flow of around 4Bln Euros which was detailed at last result in January.
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