UniCredit approves up to EUR 5 billion in notes: what it means for UniCredit stock
Published on 10/04/2026 at 18:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
On September 21, 2026, UniCredit's Extraordinary Shareholders' Meeting approved authorization for the Board of Directors to issue perpetual contingent convertible Additional Tier 1 notes in U.S. dollars for a maximum equivalent amount of EUR 5 billion, according to UniCredit. Lang & Schwarz quoted UniCredit at EUR 78.92 in weekend trading at 6:54 p.m. CEST on October 4, 2026, plus 0.00 percent versus EUR 78.92, the close at Lang & Schwarz on October 2, 2026.
Weekend trading
The EUR 78.92 weekend-trading quote was unchanged from the EUR 78.92 close at Lang & Schwarz on October 2, 2026. The further course of weekend trading at Lang & Schwarz until 7:00 p.m. CET/CEST is shown by the continuously updated real-time quote of UniCredit stock.
The last Xetra trading day
UniCredit's last Xetra trading day ended with a EUR 78.92 close at Lang & Schwarz on October 2, 2026. The weekend quote and the reference close were therefore at the same level.
Convertible note authorization
The September 21 resolution authorized the issuance of perpetual Additional Tier 1 debt instruments convertible into UniCredit ordinary shares upon specified regulatory trigger events. The notes are intended for institutional investors, and their conversion would be linked to a reduction in UniCredit's CET 1 capital ratio below a regulatory threshold, according to UniCredit.
Next Xetra session
The next Xetra session is scheduled for October 5, 2026. Separately, UniCredit's board had resolved on September 10, 2026, to carry out a share capital increase reserved for its voluntary public takeover offer for Commerzbank shares, subject to the offer's conditions, according to UniCredit.
