Intesa Sanpaolo changes share capital. Intesa Sanpaolo stock sits 10.36 percent below high.

Published on 10/13/2026 at 09:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies raised its target to EUR 8.00 on September 30, 2026. Intesa Sanpaolo stock costs EUR 6.23 on October 13, 2026 versus the October 12 Xetra close.

Intesa Sanpaolo annulled 350,415,525 shares after completing its buyback program on October 6, 2026.
The stock was trading at EUR 6.23 at Lang & Schwarz on October 13, 2026, up 0.65 percent versus the October 12 Xetra close.
The EUR 6.23 price stood 10.36 percent below the 52-week high of EUR 6.95.
Jefferies raised its target from EUR 7.80 to EUR 8.00 and maintained a Buy rating on September 30, 2026.

Architektur-Render eines modernen Glasturm-Hochhauses im Finanzviertel von Turin — Intesa Sanpaolo IT0000072618 – Architektur-Render eines modernen gläsernen Hochhauses im Finanzviertel von Turin, Illustration mit AI erstellt.

Intesa Sanpaolo (IT0000072618) was trading at EUR 6.23 at Lang & Schwarz on October 13, 2026 at 9:30 a.m. CEST, up 0.65 percent against the October 12 Xetra close. On October 12, 2026, the bank reported a share capital change after the cancellation of 350,415,525 ordinary shares, while the stock remained 10.36 percent below its 52-week high of EUR 6.95.

Three buyback milestones

On October 3, 2026, Intesa Sanpaolo raised the cash component of its Monte dei Paschi offer by EUR 0.25 per MPS share. On October 7, 2026, Intesa Sanpaolo said its buyback had purchased 350,415,525 shares at an average price of EUR 6.5636, for EUR 2.3 billion.

The October 12 release from Intesa Sanpaolo confirmed that the same 350,415,525 shares were annulled. The bank's share capital remained EUR 10.529 billion, divided into 17,332,045,430 ordinary shares.

What does the cancellation change?

The reduced share count gives the completed buyback a clearer per-share effect, but the market context remains tied to the MPS transaction and the upcoming results cycle. FinanzNachrichten reported on September 30, 2026 that Jefferies raised its target from EUR 7.80 to EUR 8.00 and kept its Buy rating. The target lies 28.41 percent above the Lang & Schwarz price.

Intesa Sanpaolo's financial calendar lists October 30, 2026 for board approval of the interim statement as of September 30 and a decision on an interim dividend. That date gives the share cancellation a near-term reporting checkpoint.

Stock remains below its yearly high

At EUR 6.23, the Lang & Schwarz price was EUR 0.72 below the 52-week high of EUR 6.95 and EUR 1.40 above the 52-week low of EUR 4.83 on October 13, 2026. The market capitalization was EUR 110.3 billion on the same date.

At Lang & Schwarz, Intesa Sanpaolo stock was trading at EUR 6.23 on October 13, 2026 at 9:30 a.m. CEST, up 0.65 percent versus the Xetra close of October 12, 2026 at EUR 6.19. The further course of trading is shown by the continuously updated real-time quote of Intesa Sanpaolo stock.