Allianz wants to redistribute three quarters of profit to shareholders
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 09 2024
0mins
Should l Buy ?
Source: Reuters
Allianz's Profit Distribution Plans: Allianz plans to distribute at least 75% of its net profit to shareholders through dividends and share buybacks over the next three years, maintaining a 60% payout ratio directly from net profit after minority interests.
Capital Markets Day Announcement: The Munich-based insurer will present its strategy and financial targets during a capital markets day, highlighting its history of returning more to shareholders than previously anticipated, including nearly 14 billion euros spent on share buybacks since 2017.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
