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Allianz launches share buyback of around $3 billion

Allianz launches share buyback of around $3 billion

The logo of Allianz SE is displayed on the company building in Puteaux at the financial and business district of La Defense near Paris, France, March 13, 2024. REUTERS/Gonzalo Fuentes

German insurer Allianz said on Wednesday it had resolved on a new share buyback program of up to 2.5 billion euros ($2.95 billion).

($1 = 0.8470 euros)

 

(Reporting by Bipasha Dey in Bengaluru)

 

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