Allianz wants to redistribute three quarters of profit to shareholders
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 09 2024
0mins
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.
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.
