Unipol completes 98.42% rights offering and Unipol stock costs EUR 25.10

Published on 10/27/2026 at 10:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The rights issue reached 98.42 percent subscription for EUR 2.46 billion. Unipol stock costs EUR 25.10 on October 27, 2026 versus EUR 20.56.

Capital raise and next steps

Unipol completed the rights offering on October 26, 2026 with 98.42 percent subscribed.
The offering raised EUR 2.46 billion, while EUR 20.56 is the subscription price per new share.
Unipol stock trades at EUR 25.10 at 10:34 a.m. CET at Lang & Schwarz on October 27, 2026.
Unexercised rights will be offered on October 28 and October 29, 2026.

Unipol, IT0004810054, Illustration mit AI erstellt.

Unipol (IT0004810054) was trading at EUR 25.10 at Lang & Schwarz on October 27, 2026 at 10:34 a.m. CET. The company completed its rights offering with 98.42 percent of the new shares subscribed, according to Unipol on October 26, 2026.

Rights issue reaches 98.42 percent

The offering raised EUR 2.46 billion after investors exercised 706 million rights to subscribe for 119.7 million new shares. The issue had offered as many as 121.6 million new shares, with a subscription price of EUR 20.56 per share and a ratio of 10 new shares for every 59 rights.

MarketScreener reported that 11.3 million rights remained unexercised, representing 1.58 percent of the offering and a residual value of EUR 39.5 million. The company said the main shareholders and other investors honored their subscription commitments.

What happens to the remaining rights?

The remaining rights are scheduled for exchange trading on October 28 and October 29, 2026, with the process able to close early if the first session sells the full amount. Equita SIM will coordinate the offering on Euronext Milan, the market operated by Borsa Italiana.

Three steps shaped the raise

On July 30, 2026, shareholders authorized the capital increase; on October 7, 2026, the board approved final terms for the EUR 2.5 billion transaction; on October 26, 2026, the offering closed with 98.42 percent subscribed. The sequence links the financing to Unipol's planned acquisition of 635 branches from Monte dei Paschi di Siena.

Teleborsa identified Unipol among the FTSE MIB insurance and financial stocks in its October 27, 2026 market note. The company is also due to publish its next quarterly results on November 12, 2026, according to its investor calendar.

Stock price and investor perspective

The rights offering leaves 1.58 percent of the new shares for the next exchange sessions, while the EUR 20.56 subscription price provides a reference point for the remaining placement. Unipol's market capitalization was EUR 18.5 billion on October 27, 2026, and its 52-week range was EUR 17.80 to EUR 29.44.

The stock was trading at EUR 25.10 at Lang & Schwarz on October 27, 2026 at 10:34 a.m. CET. The further course of trading is shown by the continuously updated real-time quote of Unipol stock.