on Allianz SE (isin : DE0008404005)
Allianz SE Expands Share Buy-Back Program for 2024
Allianz SE has announced an increase in the total volume of its share buy-back program for the financial year 2024. The company will repurchase additional treasury shares worth up to 500 million euros, bringing the total buy-back volume to 1.5 billion euros for the year.
The new phase of the buy-back program will commence in mid-August and conclude by December 31, 2024. This expansion follows the completion of a previously resolved 1 billion euros buy-back in July 2024. All repurchased shares will be cancelled.
This update was disclosed by Michael Sieburg, Compliance Officer at Allianz SE. The company cautions that forward-looking statements are subject to risks and uncertainties, which may lead to significantly different outcomes. Allianz SE has no obligation to update these statements except as required by law.
R. H.
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