Allianz SE resolves on new share buy-back program with a volume of up to 1.5 billion euros

Allianz SE has resolved on a new share buy-back program. The volume of such new program will amount to up to 1.5 billion euros. The program shall start end-May 2023 and be finalized by December 31, 2023, at the latest. Allianz SE will cancel all repurchased shares.
The Allianz Group is one of the world's leading insurers and asset managers with around 125 million* private and corporate customers in nearly 70 countries. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 764 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 1.8 trillion euros** of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2023, over 157,000 employees achieved total business volume of 161.7 billion euros and an operating profit of 14.7 billion euros for the group.
* Including non-consolidated entities with Allianz customers.
** As of September 30, 2024.

Media contacts

Holger Klotz
Allianz SE
Fabrizio Tolotti
Allianz SE
Johanna Oltmann
Allianz SE
As with all content published on this site, these statements are subject to our cautionary note regarding forward-looking statements:

Further information

Allianz SE has decided to expand the total volume of share buy-backs in the financial year 2024

Allianz SE has decided to expand the total volume of the share buy-backs in the financial year 2024 to a total of 1.5 billion euros.

Share buy-back program with a volume of up to 1 billion euros and amendment of the dividend policy of Allianz SE

Allianz SE today has resolved on a new share buy-back program. The volume of such new program will amount to up to 1 billion euros. The program shall start in early March 2024 and be finalized by December 31, 2024, at the latest. Allianz SE will cancel all repurchased shares.

Allianz sponsors new catastrophe bond covering European windstorm risks

Catastrophe bond (“cat bond”) issued through Blue Sky Re DAC with a volume of EUR 250 million.