MetLife Announces New $3 Billion Share Repurchase Authorization
MetLife's board approved a new $3 billion share repurchase authorization, which is incremental to the approximately $400 million remaining under its prior plan. CEO Michel Khalaf stated the move reflects confidence in the company's long-term outlook and continued ability to generate capital under its New Frontier strategy.
Key figures
- Buyback authorization
- 3000000000
- Remaining prior authorization
- 400000000
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