Allianz SE is using an authorization from the general meeting in May 2022 and announced a share buyback program with a volume of up to 1 billion euros.
As the group announced on Friday evening, the program includes up to 20,000,000 shares. The buyback will take place via XETRA trading on the Frankfurt Stock Exchange, will start on March 11th and should take place within the period up to the end of the year. The group wants to withdraw the repurchased shares.
The Allianz share temporarily lost 0.31 percent to 258.00 euros on Tradegate compared to the XETRA closing price.
FRANKFURT (Dow Jones)
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