UK Insurer Aviva Plans to Buy Back £300 Million of Shares
- Firm announced a final dividend of 22.3 pence a share for 2023
- Aviva reported a 9% increase in operating profit for the year
The Aviva offices in the City of London.
Photographer: Jose Sarmento Matos/BloombergThis article is for subscribers only.
UK insurer Aviva Plc said it plans to buy back £300 million of shares following growth in sales and operating profit.
The British insurer and asset manager’s operating profit rose 9% to almost £1.5 billion ($1.9 billion) in 2023, according to a statement Thursday. Aviva declared a final dividend of 22.3 pence a share, bringing total dividends for the year to 33.4 pence, up 8% from the previous year.