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

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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 on March 1, 2019 and be finalized by December 31, 2019 at latest. Allianz SE will cancel all repurchased shares.

The Allianz Group is one of the world's leading insurers and asset managers with more than 92 million retail and corporate customers. 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 more than 1.6 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold the leading position for insurers in the Dow Jones Sustainability Index. In 2018, over 142,000 employees in more than 80 countries achieved total revenues of 132 billion euros and an operating profit of 11.5 billion euros for the group.

These assessments are, as always, subject to the disclaimer provided below.

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Christian Kroos
Allianz SE
Holger Klotz
Allianz SE
Daniela Markovic
Allianz SE
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Further information

Allianz SE resolves on new share buy-back program with 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 on March 1, 2019 and be finalized by December 31, 2019 at latest.

Allianz SE resolves on new share buy-back program with a volume of up to 1 billion euros
Allianz SE resolves on new share buy-back program with a volume of up to 1 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 billion euros. The program shall start on July 4, 2018 and be finalized by September 30, 2018. 

dieter wemmer
Why Buy(back)?

Allianz will lay out 2 billion euros for share buybacks next year on top of a 3-billion-euro plan announced last February. Outgoing Chief Financial Officer Dieter Wemmer explains the rationale...