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.”
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