Aviva commences £300m share buyback scheme amid 2022 results

AUM decreased by £45bn in 2022

Eve Maddock-Jones
clock • 1 min read

Aviva has rolled out a £300m share buyback programme starting tomorrow (10 March), the firm revealed in its annual results.

In the report, Aviva said that given its "strong capital position and prospects", it was able to initiate the scheme, adding it still preferred to "return surplus capital regularly and sustainably". An LSE notice showed the agreement is being brokered by Citigroup Global Markets and is expected to be completed by 30 June. Other top line results for the firm were positive, as group's CEO Amanda Blanc noted, describing the firm as making "excellent progress". The Big Question: 12 female investors on the outlook for recession in 2023 and how to allocate for it Solvency II operating...

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