Unipol wins BPER control approval while Unipol stock trades at EUR 24.70

Published on 10/23/2026 at 10:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Unipol secured BPER control approval on October 16, 2026. Unipol stock trades at EUR 24.70 on October 23, 2026 amid a EUR 2.50 billion raise.

Control approval and capital raise

Unipol received BPER control approval on October 16, 2026.
The capital increase totals EUR 2.50 billion and covers 635 MPS branches.
Unipol stock trades at EUR 24.70 at 10:01 a.m. CEST at Lang & Schwarz on October 23, 2026.
The option exercise period ends on October 26, 2026.

Börsenhändler vor großen Kursbildschirmen im Handelssaal in Mailand — Börsenparkett in Mailand veranschaulicht den Aktienhandel mit Unipol Gruppo S.p.A. IT0004810054 im FTSE MIB, Illustration mit AI erstellt.

Unipol Assicurazioni stock trades at EUR 24.70 at Lang & Schwarz on October 23, 2026 at 10:01 a.m. CEST. The company had secured approval for sole de facto control over BPER Banca on October 16, 2026, completing the authorization process, according to Unipol.

Control approval advances banking strategy

The authorization gives Unipol a formal step toward combining its insurance platform with its banking interests. The company said the approval completed all authorization procedures connected with the acquisition of control over BPER, according to the October 16 release.

The transaction is linked to a capital increase of EUR 2.50 billion. The operation is intended to support the acquisition of part of the Monte dei Paschi di Siena branch network, with 635 branches covered by the wider transaction and 445 already identified, according to MarketScreener.

What does the raise mean for dilution?

The financing structure places the emphasis on execution and shareholder participation. The capital increase offers 10 new shares for every 59 existing shares at EUR 20.56 per new share, while shareholders who do not subscribe face dilution of 14.49 percent, according to MarketScreener. The option exercise period runs through October 26, 2026.

Three steps shaped the past year

On March 27, 2026, Unipol reported first-quarter net profit of EUR 329 million, up 15.40 percent, according to SoldiOnline. On August 7, 2026, the company published its consolidated results for the first half of 2026. On October 16, 2026, Unipol received approval for BPER control, making the authorization the latest of the three events.

Next date for shareholders

The next substantiated transaction date is October 26, 2026, when the capital-increase exercise period ends. The date gives investors a concrete timetable for assessing participation and the potential dilution effect.

Stock trades at EUR 24.70

Unipol stock was trading at EUR 24.70 at Lang & Schwarz on October 23, 2026 at 10:01 a.m. CEST. The company had a market capitalization of EUR 20.6 billion as of October 22, 2026, while its primary listing is in Milan.

The further course of trading is shown by the continuously updated real-time quote of Unipol stock.