ISIN DE0008404005 / WKN 840400
Allianz executed four share buy-back programs with an aggregate volume of 7.5 billion euros in the period from February 17, 2017 to July 30, 2019. A total number of 39,827,141 shares were repurchased and cancelled. The number of issued shares was thereby reduced from 457,000,000 (as of December 31, 2016) to 417,172,859 (effective on November 11, 2019).
On February 20, 2020, Allianz SE has resolved on a new share buy-back program (share buy-back program V). The program started in March 2020 with an intended volume of up to 1.5 billion euros and was scheduled to be finalized by December 31, 2020 at the latest. Taking into account the uncertainties caused by the corona pandemic, the Board of Management decided in April 2020 to suspend the originally planned second tranche of the current share buy-back program with a volume of 750 million euros. We will consider the resumption of the program when the financial and economic impacts of the COVID-19 pandemic start to become clearer.