Intesa Sanpaolo Acquires EUR121M Worth of Treasury Shares.

Intesa Sanpaolo purchased 22.2 million treasury shares between September 22 and September 26 at an average price of EUR5.4254 per share for a total value of EUR120.7 million. The bank has acquired a total of 323.1 million treasury shares since the program's launch, representing 1.8% of its share capital. Shares closed trading down 0.1% at EUR5.556 per share.

Intesa Sanpaolo, Italy's largest bank, has made a significant move in its share repurchase program. Between September 22 and September 26, 2025, the bank purchased 22.2 million treasury shares at an average price of EUR5.4254 per share, totaling EUR120.7 million. This acquisition is part of a broader strategy aimed at bolstering shareholder value.

The bank's share repurchase program, launched earlier, has seen a total of 323.1 million treasury shares acquired since its inception, representing approximately 1.8% of its share capital. The latest purchase comes at a time when the bank's shares closed trading down 0.1% at EUR5.556 per share.

Tommaso Corcos, head of the wealth management division at Intesa Sanpaolo, has emphasized the bank's scale and stability, indicating that there are no immediate plans to expand asset management activities, including potential deals with Generali Investments Holding (Gih) Intesa Sanpaolo Faces No Pressure to Expand Asset Management Activities - Corcos^[2].

The bank's move to repurchase shares aligns with its long-term strategy of enhancing shareholder value and maintaining financial stability. The acquisition of treasury shares can help reduce the number of shares outstanding, potentially increasing the value of each remaining share. This strategy is often employed by companies to improve their financial metrics, such as earnings per share (EPS) and return on equity (ROE).

Intesa Sanpaolo's actions are part of a broader trend in the banking sector, where banks are using share repurchases to signal confidence in their financial health and future prospects. The bank's recent activities also reflect its commitment to navigating the current financial landscape effectively.

References

TON Strategy Company to Stake $TON Reserves, Channel Cash Flows Into Buybacks^[1] https://www.marketscreener.com/news/ton-strategy-company-to-stake-ton-reserves-channel-cash-flows-into-buybacks-ce7d5bdbd88cf524
Intesa Sanpaolo Faces No Pressure to Expand Asset Management Activities - Corcos^[2] https://www.marketscreener.com/news/intesa-sanpaolo-faces-no-pressure-to-expand-asset-management-activities-corcos-ce7d5bdbd98ef522