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Evening Standard
Evening Standard
Business
Oscar Williams-Grut

Unilever CEO Alan Jope serves up ‘red meat’ with buyback and pledge not to do big deals

Alan Jope Unilever GlaxoSmithKline

Unilever boss Alan Jope

(Picture: Getty Images for Concordia Summi)

Under-pressure Unilever CEO Alan Jope today tried to placate restless investors with “red meat” offerings as he tries to move on from a botched bid for GlaxoSmithKline’s consumer healthcare business.

Jope announced a new €3 billion (£2.5 billion) share buyback and increased the dividend by 3% after Unilever’s fastest sales growth in nine years.

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