Societe Generale (OTCPK:SCGLF) on Monday said it will buyback an additional €1 billion ($1.2 billion) of shares.
The “new exceptional capital distribution” will begin on Nov. 19 at the earliest, according to a statement Monday.
The bank has obtained all “necessary authorizations,” including from the European Central Bank, it said.
The “new exceptional capital distribution” will begin on Nov. 19 at the earliest, according to a statement Monday.
The bank has obtained all “necessary authorizations,” including from the European Central Bank, it said.
