Aviva offers preference shareholders £14m goodwill payment to 'restore trust' amid cancellation plans debacle

Amid botched cancellation plans

Natalie Kenway
clock • 2 min read

Insurance giant Aviva has announced it will offer a discretionary goodwill payment of up to £14m to shareholders who sold preference shares from 8 to 22 March, following much criticism over plans to cancel £450m of high-yielding preference shares at par value, which it later scrapped.

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