(Feb 9): UniCredit SpA pledged to return €50 billion (RM232.63 billion) to investors through 2030 as CEO Andrea Orcel vowed to continue one of the most generous distribution policies in Europe. In the almost five years since Orcel assumed his role, UniCredit has undergone a deep transformation, exiting low-performing businesses. The distributions outlined Monday equal those of Italian rival Intesa Sanpaolo SpA, which last week said it plans to return about €50 billion through 2029. UniCredit has more than €4.5 billion excess capital to be deployed to further improve organic or inorganic growth or returned to shareholders, it said. “UniCredit can pursue M&A or return excess capital to shareholders if no better opportunity for deployment is found,” Orcel said in a conference call with analysts.
Source: The Edge Markets February 09, 2026 12:08 UTC