BNP PARIBAS LAUNCHES A SHARE BUYBACK PROGRAMME PLANNED FOR 2025 OF
EUR 1.084 BILLION
BNP PARIBAS LAUNCHES
A SHARE BUYBACK PROGRAMME PLANNED FOR 2025
OF EUR 1.084 BILLION
PRESS RELEASE
Paris, 19 May 2025
BNP Paribas announces today the launch of the
share buyback programme planned for 2025 for a maximum amount of
EUR 1.084 billion.
BNP Paribas has received the approval from the
European Central Bank and a contract was concluded with an
investment services provider acting independently, entrusted with
an irrevocable instruction to purchase the shares.
The purchase period will start on May
19th, 2025 and will end no later than June
20th, 2025. The shares purchased under the programme
will be cancelled.
BNP Paribas will provide weekly updates on the
progress of the programme via a press release on BNP Paribas’
website, and via full and effective dissemination in accordance
with the applicable regulatory provisions:
https://invest.bnpparibas/en/search/reports/documents/regulated-information.
The share buyback programme will be carried out
in accordance with the provisions set out in the EU Regulation
n°596/2014 of the European Parliament and of the Council of April
16th, 2014 on market abuse, as modified, and its
implementing provisions, and within the limits of the authorisation
granted to BNP Paribas to purchase shares on the market pursuant to
the 5th resolution adopted by the General Meeting of BNP
Paribas on May 13th, 2025.
The description of the share buyback programme
is available in appendix and on BNP Paribas’s website:
https://invest.bnpparibas/en/search/reports/documents/regulated-information.
APPENDIX: DESCRIPTION OF THE SHARE
BUYBACK PROGRAMME
The present description complies with the
provisions of article 241-2, I of the General Regulation of the
French Financial Markets Authority (Autorité des Marchés
Financiers).
Date of the general meeting which
approved the resolution concerning the share buyback
programme
May 13th, 2025
Objectives pursued by BNP
PARIBAS
In accordance with the fifth resolution approved
by the combined General Meeting on May 13th, 2025, the
shares may be purchased for the purposes of:
- their cancellation in situations
identified by the Extraordinary General Meeting;
- honoring the obligations linked to
the issuance of equity instruments, stock option plans, bonus share
awards, the allotment or selling of shares to employees as part of
a profit-sharing scheme, employee shareholding or Corporate Savings
Plans, or any other type of share grant for employees and directors
and corporate officers of BNP Paribas and of the companies
controlled exclusively by BNP Paribas within the meaning of article
L.223-16 of the French Commercial Code;
- holding and subsequently remitting
them in exchange or as payment for external growth transactions,
mergers, spin-offs or asset contributions;
- under a market-making agreement in
accordance with Decision No. 2021-01 of 22 June 2021 of the French
Financial Markets Authority (Autorité des Marchés Financiers);
- carrying out investment services
for which BNP Paribas has been approved or to hedge them.
Maximum amount allocated to the
share buyback programme, maximum number of shares to be
purchased
The General Meeting has authorised the Board of
Directors to purchase a number of shares representing up to 10% of
the shares comprising the share capital of BNP Paribas. For
illustrative purposes, on the basis of the actual capital,
113,081,067 shares which represents, on the basis of a maximum
repurchase price of EUR 102 per share, set by the fifth resolution
approved by the General Meeting dated May 13th, 2025, a
theoretical maximum purchase amount of EUR 11,534,268,834. Such
limit is likely to change in case of transactions affecting the
share capital.
The shares which may be purchased under the
present description are BNP Paribas’ shares listed on Euronext
Paris – A compartment, ISIN Code FR0000131104.
Considering that BNP Paribas owned as of May
9th, 2025 directly 721,971 of its own shares, i.e. 0.06%
of its share capital, the number of shares that is likely to be
purchased at the date of this description is 112,359,096 shares
representing 9.94% of the share capital, i.e., on the basis of a
maximum purchase price of EUR 102 per share as set by the General
Meeting, a theoretical maximum purchase amount of EUR
11,460,627,792.
Duration of the share buyback
programme
The authorisation granted by the General Meeting
dated May 13th, 2025, as described in the fifth
resolution, is valid for an eighteen-month period with effect from
the date of the said General Meeting, i.e. up to November
13th, 2026.
The Board of directors will ensure that these
share purchases are carried out in accordance with the prudential
requirements as defined by the regulation and the European Central
Bank.
About BNP Paribas
Leader in banking and financial services in Europe, BNP Paribas
operates in 64 countries and has nearly 178,000 employees,
including more than 144,000 in Europe. The Group has key
positions in its three main fields of activity: Commercial,
Personal Banking & Services for the Group’s commercial &
personal banking and several specialised businesses including BNP
Paribas Personal Finance and Arval; Investment & Protection
Services for savings, investment and protection solutions; and
Corporate & Institutional Banking, focused on corporate and
institutional clients. Based on its strong diversified and
integrated model, the Group helps all its clients (individuals,
community associations, entrepreneurs, SMEs, corporates and
institutional clients) to realise their projects through solutions
spanning financing, investment, savings and protection insurance.
In Europe, BNP Paribas has four domestic markets: Belgium, France,
Italy and Luxembourg. The Group is rolling out its integrated
commercial & personal banking model across several
Mediterranean countries, Türkiye, and Eastern Europe. As a key
player in international banking, the Group has leading platforms
and business lines in Europe, a strong presence in the Americas as
well as a solid and fast-growing business in Asia-Pacific. BNP
Paribas has implemented a Corporate Social Responsibility approach
in all its activities, enabling it to contribute to the
construction of a sustainable future, while ensuring the Group's
performance and stability.
Press contact :
Sandrine Romano – sandrine.romano@bnpparibas.com – +33 6 71 18 23
05
Hacina Habchi – hacina.habchi@bnpparibas.com - +33 7 61 97 65
20
- BNP Paribas launches a share buyback programme of EUR 1.084
billion
Grafico Azioni BNP Paribas (BIT:1BNP)
Storico
Da Mag 2025 a Giu 2025
Grafico Azioni BNP Paribas (BIT:1BNP)
Storico
Da Giu 2024 a Giu 2025
