Generali reported on a 500 million euro share buyback program and strategic acquisitions
The Generali Group has announced that it is on track to meet all key financial targets in the context of the implementation of its strategic plan “Lifelong partnership 24 – engine of growth”.
Philippe Donnet, CEO of the Generali Group, said:
“In line with our strategic goals, the company group continues to show profitable growth and create value for all stakeholders. With recent acquisitions, we have further strengthened Generali’s position as a leading insurance company in Europe, and we have also expanded our asset management business globally. In addition to our stable financial results, our activities focus on lifelong partnerships and following our operating model based on sustainability. Thanks to the successful implementation of strategic plans and our stable cash and capital position, we will be able to present a EUR 500 million share buyback program to the general meeting in April, strengthening our efforts to reward shareholders.”
Related news
The international Generali Group closed the year 2023 with record indicators
The results of the international Generali Group: Gross premium income…
Read more >European SMEs are committed to sustainability, but they need additional incentives
Despite the energy crisis, disruptions in supply chains, as well…
Read more >Applications for Generali’s EnterPRIZE tender have begun – this year the amount available for SMEs will increase
EnterPRIZE, a comprehensive international sustainability tender launched by the Generali…
Read more >Related news
Master Good, Nestlé Hungária, Tesco Hungary are this year’s winners
This year, Trade Magazine announced the Christmas TV Ads 2024…
Read more >This year’s CO-OP Star Silver Pine and Silver Star awards have been presented
As every year before Christmas, this December, the CO-OP Star…
Read more >Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease…
Read more >