Munich Re announces EUR1bn share buyback and plans EUR11.00 dividend
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Munich Re announces EUR1bn share buyback and plans EUR11.00 dividend

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Munich Re has announced it is to buy back shares of a maximum value of EUR1bn ($1.12bn) and pay a 2021 dividend of EUR11.00 per share.

The reinsurer will run the buyback between its 2022 and 2023 AGMs.

The 2021 dividend – up EUR1.20 on the 2020 payout – is subject to the approval of the supervisory board and AGM.

Based

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