- 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.
Société Générale launches new €1 billion share buyback program (SCGLF:OTCMKTS)
