London - Unilever PLC announces the commencement of its programme to buy back shares with an aggregate market value equivalent of up to € 3 billion. On 29 April 2021 , Unilever PLC announced its first quarter results and a share buyback programme of up to €3 billion to be completed by the end of this year. The first tranche of this buyback programme (the Initial Programme ) will commence on 6 May 2021 and will be for an aggregate market value equivalent to €1.5 billion which will be bought back in the form of Unilever PLC ordinary shares. Any further tranches of the buyback programme, which may be conducted after completion of the Initial Programme, will be announced in due course.