Swiss Life concludes share buyback program
The program comprised 910,273 shares at CHF 823.93 per share and reached the target volume of CHF 750 million.
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Life insurer, pension provider, and asset manager
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In short: Swiss Life completed a CHF 750 million share buyback, increased its dividend to CHF 36.50, and achieved growth in both fee income and premiums.
The program comprised 910,273 shares at CHF 823.93 per share and reached the target volume of CHF 750 million.
Fee income rose by 6% to CHF 686 million, premium income by 5% to CHF 8.2 billion and Swiss Life Germany acquires the TELIS Group.
They approve CHF 36.50 dividend per share, confirm Rolf Dörig as Chairman, elect new board members Luisa Deplazes Delgado and Patrick Frost. Henry Peter and Adrienne Corboud Fumagalli step down.
The bond matures in 2033 with a 3.736% coupon and was placed with European investors. Proceeds fund general corporate purposes.
Swiss Life has completed the share buyback program announced on December 3, 2024, for the purpose of capital reduction. Since December 9, 2024, Swiss Life Holding...
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Balance sheet/fundamental data is provided and displayed in the currency of the exchange with the highest volume (CHF). In individual cases, this currency indication may differ from the currency shown in the balance sheet...
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