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KBC Group NV Launches Share Buyback Program
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KBC Group NV has initiated a share buyback program to distribute surplus capital, with a maximum amount of 1.3 billion euros. The shares will be repurchased under conditions authorized by the General Meeting of Shareholders, with a price between 1 euro and 110% of the last closing price on Euronext Brussels.
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How does this share buyback program compare to similar initiatives by other financial institutions?
How might the share buyback program impact KBC Group NV's stock price?
What factors could influence the decision to pause the share buyback program?
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