> ## Content Index
> Fetch the complete content index at: https://www.theglobalbanker.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Italian Treasury Cuts Monte dei Paschi Stake to 26.7% as Bank Prepares First Dividend in 13 Years
- URL: https://www.theglobalbanker.com/monte-dei-paschi-siena-first-dividend-13-years-treasury-stake-26-7-percent/
- Published: 2024-03-28T06:00:00.000Z
- Updated: 2026-10-02T14:46:23.000Z
- Description: Investors paid €4.15 a share for a 12.5% stake in Banca Monte dei Paschi di Siena, cutting the Italian Treasury's holding to 26.7% as the bank prepares to pay its first dividend in 13 years.
- Author: TGB Editorial Team
- Tags: M&A, Europe, #archive

Banca Monte dei Paschi di Siena, which is set to pay its first dividend in 13 years, has seen a share placement reduce the Italian Treasury's stake in the world's oldest bank to 26.7%. Investors acquired a 12.5% stake at €4.15 a share in the transaction, raising about €650 million, with the proceeds going to the government.

MPS endured a prolonged period of losses, capital shortfalls, and state intervention that stretched across more than a decade. 

#### TREASURY STAKE REDUCTION

The Italian government has been reducing its MPS holding in stages. The placement at €4.15 per share brought the Treasury's ownership down to 26.7%. Rome has stated its intention to continue reducing its stake over time.

MPS has undergone restructuring over the past several years, including workforce reductions, non-performing loan disposals, and a strategic refocus on its core retail and corporate banking businesses in central Italy.