AIA Group Says Approved $2.0 Billion Additional Share Buy-Back

Apr 28, 202422:58 UTC

AIA Group Ltd 1299:

QTRLY VALUE OF NEW BUSINESS $1,327 MILLION VERSUS $1,046 MILLION
QTRLY ANNUALISED NEW PREMIUMS $2,449 MILLION VERSUS $1,998 MILLION
APPROVED A US$2.0 BILLION ADDITION TO OUR EXISTING SHARE BUY-BACK PROGRAMME
QTRLY VONB MARGIN 54.2% VERSUS 52.3%
ANNOUNCING NEW CAPITAL MANAGEMENT POLICY WHICH WILL RESULT IN HIGHER ANNUAL DISTRIBUTIONS TO SHAREHOLDERS THROUGH COMBINATION OF DIVIDENDS & SHARE BUY-BACKS