MetLife Announces New $3 Billion Share Repurchase Authorization
01 Maio 2024 - 5:15PM
Business Wire
MetLife, Inc. (NYSE: MET) today announced that its board of
directors has approved a new $3 billion authorization for the
company to repurchase its common stock. The new authorization is
incremental to the approximately $600 million remaining at the end
of April 2024 under the company’s prior authorization announced in
May 2023.
“This $3 billion addition to our share repurchase authorization,
combined with the common stock dividend increase we announced in
April, demonstrates our commitment to returning capital to
shareholders, which is carefully balanced with investing in
responsible growth for the future,” said MetLife President and CEO
Michel Khalaf. “Our disciplined approach directs capital to the
highest value opportunities and drives long-term shareholder
value.”
About MetLife
MetLife, Inc. (NYSE: MET), through its subsidiaries and
affiliates (“MetLife”), is one of the world’s leading financial
services companies, providing insurance, annuities, employee
benefits and asset management to help individual and institutional
customers build a more confident future. Founded in 1868, MetLife
has operations in more than 40 markets globally and holds leading
positions in the United States, Asia, Latin America, Europe and the
Middle East. For more information, visit www.metlife.com.
Forward-Looking Statements
The forward-looking statements in this news release, using words
such as “commitment,” “growth,” and “long-term,” are based on
assumptions and expectations that involve risks and uncertainties,
including the “Risk Factors” MetLife, Inc. describes in its U.S.
Securities and Exchange Commission filings. MetLife’s future
results could differ, and it does not undertake any obligation to
publicly correct or update any of these statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20240501244741/en/
For Media: Dave Franecki 973-264-7465
Dave.Franecki@metlife.com
For Investors: John Hall 212-578-7888
John.A.Hall@metlife.com
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