€1.5B Unilever (UL) buyback to cut share capital by July 2026

Rhea-AI Filing Summary

Unilever PLC is launching a new share buyback of up to €1.5 billion, aiming to reduce its share capital. The programme, authorised by shareholder resolutions from 2025, limits repurchases to a maximum of 223,263,040 shares.

The buyback starts on 30 April 2026 and will run until on or before 6 July 2026. Unilever has given non-discretionary instructions to Morgan Stanley & Co. International PLC, which will execute trades independently. Repurchases will generally be disclosed weekly.

Unilever is a global consumer goods company operating in Beauty & Wellbeing, Personal Care, Home Care and Foods. Its products are used by about 3.7 billion people daily, with sales of €50.5 billion in 2025 across roughly 190 countries and a workforce of around 96,000 employees.

Insights

Equity capital markets analyst

Unilever plans a sizeable but routine €1.5B buyback to reduce share capital.

Unilever is commencing a share buyback of up to €1.5 billion, capped at 223,263,040 shares, to reduce its outstanding equity. The programme runs from 30 April 2026 to on or before 6 July 2026 under prior shareholder authorities.

The company has mandated Morgan Stanley & Co. International PLC with non-discretionary instructions, so trading decisions are made independently of management. Repurchases will be reported at least weekly, giving investors periodic visibility into execution without specifying any price or daily volume targets in this excerpt.

In context of €50.5 billion of sales in 2025, the buyback represents a meaningful capital return but its ultimate effect will depend on actual repurchase volumes and pricing during the programme window. Subsequent disclosures of completed repurchases will show how much capacity is used.

Key Figures

Share buyback size: €1.5 billion Maximum shares to repurchase: 223,263,040 shares Buyback start date: 30 April 2026 +5 more

8 metrics

Share buyback size €1.5 billion Maximum consideration for 2026 share buyback (SBB)

Maximum shares to repurchase 223,263,040 shares Cap under the 2026 share buyback

Buyback start date 30 April 2026 Commencement of SBB

Buyback end date On or before 6 July 2026 Latest scheduled completion of SBB

2025 sales €50.5 billion Unilever sales in 2025

Daily product users 3.7 billion people People using Unilever products each day

Countries of operation around 190 countries Global reach of Unilever

Employees around 96,000 Global workforce

Key Terms

share buyback, capital, non-discretionary instructions, share consolidation, +2 more

6 terms

share buyback financial

"Unilever PLC ("Unilever") announces that it is today commencing a new share buyback of up to €1.5 billion"

A share buyback is when a company uses its cash to purchase its own stock from the market, which reduces the number of shares available to other investors. Think of it like a bakery buying back some of its own cookies so the remaining cookies are a bigger slice of the business; buybacks can raise per-share earnings and ownership stakes and signal management’s confidence, but they also use cash that could have been spent on growth or dividends.

capital financial

"The purpose of the SBB is to reduce the capital of Unilever"

non-discretionary instructions financial

"Unilever has entered into non-discretionary instructions with Morgan Stanley & Co. International PLC"

share consolidation financial

"as amended at the general meeting held on 21 October 2025 relating to the share consolidation of Unilever shares"

Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.

forward-looking statements regulatory

"This announcement may contain forward-looking statements, including 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

Annual Report on Form 20-F regulatory

"including in the Annual Report on Form 20-F 2025 and the Unilever Annual Report and Accounts 2025"

An annual report on Form 20-F is a standardized filing that foreign companies submit to the U.S. securities regulator to disclose their financial results, business operations, risks, and management’s discussion of performance. It matters to investors because it provides a complete, audited snapshot—like a company’s financial report card and shareholder letter combined—used to assess transparency, compare companies, and judge whether the stock’s price matches underlying business strengths and risks.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________________________________________

FORM 6-K

_________________________________________________

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

April 2026

Commission File

Number: 001-04546

______________________________________________________

UNILEVER PLC

(Translation of registrant’s name into English)

 _____________________________________________________

UNILEVER HOUSE, BLACKFRIARS, LONDON, ENGLAND

(Address of principal executive office)

_____________________________________________________

Indicate by check mark whether the registrant files or will file annual reports

under cover of Form 20-F or Form 40-F.

Form 20-F ☒     Form 40-F ☐

2026 Share Buyback

London, 30 April 2026. Unilever PLC ("Unilever") announces that it is today commencing a new share buyback of up to €1.5 billion (the "SBB"), as set out in its full year 2025 results on 12 February 2026 and reiterated in its first quarter trading statement released today.

The purpose of the SBB is to reduce the capital of Unilever and it will take place within the limitations of the authority granted to the Board of Unilever by its general meeting held on 30 April 2025 (as amended at the general meeting held on 21 October 2025 relating to the share consolidation of Unilever shares). Accordingly, the maximum number of shares to be bought back by Unilever is 223,263,040.

The SBB commences today, 30 April 2026, and will end on or before 6 July 2026.

Any repurchases of shares under the SBB are expected to be announced on a weekly basis and in any event will be announced no later than the end of the seventh trading day following the date of the repurchase.

Unilever has entered into non-discretionary instructions with Morgan Stanley & Co. International PLC to conduct the SBB on its behalf and to make trading decisions under the SBB independently of Unilever.

ENDS

Enquiries

Media:

Unilever Press Office

press-office.london@unilever.com

Investors:

Investor Relations Team investor.relations@unilever.com

About Unilever

Unilever is a global consumer goods business comprised of four business groups: Beauty & Wellbeing, Personal Care, Home Care and Foods. Unilever's products are used by approximately 3.7 billion people every day, with sales in around 190 countries. We have around 96,000 employees and generated sales of €50.5 billion in 2025.

For more information about Unilever and our brands, please visit www.unilever.com.

Safe Harbour

This announcement may contain forward-looking statements, including 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995, including with relation to Unilever's share buyback, its purpose and timetable. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Words such as 'will', 'aim', 'expects', 'anticipates', 'intends', 'looks', 'believes', 'vision', 'ambition', 'target', 'goal', 'plan', 'potential', 'work towards', 'may', 'milestone', 'objectives', 'outlook', 'probably', 'project', 'risk', 'seek', 'continue', 'projected', 'estimate', 'achieve' or the negative of these terms and other similar expressions of future performance or results, and their negatives, are intended to identify such forward-looking statements. These forward-looking statements are based upon current expectations and assumptions regarding anticipated developments and other factors affecting the Unilever Group (the 'Group'). They are not historical facts, nor are they guarantees of future performance or outcomes. All forward-looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this announcement. Readers should not place undue reliance on forward-looking statements.

Because these forward-looking statements involve known and unknown risks and uncertainties, a number of which may be beyond the Group's control, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements. The forward-looking statements are based on our beliefs, assumptions and expectations regarding anticipated developments and other factors affecting the Group, taking into account all information currently available to us. They are not historical facts, nor are they guarantees of future performance or outcomes. All forward-looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this announcement. Readers should not place undue reliance on forward-looking statements.

The forward-looking statements speak only as of the date of this announcement. Except as required by any applicable law or regulation, the Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Group's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. New risks and uncertainties arise over time, and it is not possible for us to predict those events or how they may affect us. In addition, we cannot assess the impact of each factor on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

Further details of potential risks and uncertainties affecting the Group are described in the Group's filings with the London Stock Exchange, Euronext Amsterdam and the US Securities and Exchange Commission, including in the Annual Report on Form 20-F 2025 and the Unilever Annual Report and Accounts 2025 available on our corporate website www.unilever.com.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

UNILEVER PLC

/P/ KAKKAD

By P KAKKAD

CHIEF LEGAL OFFICER AND GROUP COMPANY SECRETARY

Date 30 April 2026

FAQ

What is Unilever (UL) announcing in its April 2026 share buyback?

Unilever is starting a new share buyback of up to €1.5 billion to reduce its share capital. The programme is capped at 223,263,040 shares and will be executed under existing shareholder authorities through early July 2026.

What is the purpose of Unilever (UL) launching this €1.5 billion share buyback?

The stated purpose of Unilever’s share buyback is to reduce its capital by repurchasing and cancelling shares. This capital return follows authorities granted at 2025 shareholder meetings and complements the company’s broader financial strategy alongside its global consumer brands portfolio.

Over what period will Unilever (UL) conduct its new share repurchase programme?

The share buyback starts on 30 April 2026 and will end on or before 6 July 2026. During this window, Unilever plans to repurchase shares up to the authorised limits and disclose transactions at least weekly or within seven trading days of each repurchase.

Who is executing Unilever’s (UL) €1.5 billion share buyback and how are trades decided?

Unilever has appointed Morgan Stanley & Co. International PLC to execute the share buyback. The bank operates under non-discretionary instructions, meaning it makes day-to-day trading decisions independently of Unilever while staying within the overall programme limits and timetable.

How large is Unilever (UL) compared to the size of this buyback?

Unilever generated €50.5 billion of sales in 2025, operates in around 190 countries, and has about 96,000 employees. The new €1.5 billion share buyback represents a significant capital allocation decision relative to its sales scale and global consumer brands footprint.

How frequently will Unilever (UL) report progress on the 2026 share buyback?

Unilever expects to announce share repurchases under the buyback on a weekly basis. In any case, it will disclose details no later than the end of the seventh trading day after each repurchase, providing regular transparency on programme execution during the April–July 2026 period.