Friday, February 17, 2017

Allianz Q4 Profit Rises, Lifts Dividend; Plans EUR 3 Bln Buyback; Stock Up

Shares of Allianz SE were gaining around 3 percent in the morning trading in Germany after the insurance giant reported Friday higher profit in its fourth quarter. Further, the company lifted its dividend, and said it plans up to 3 billion euros of share buyback. Oliver B„te, CEO of Allianz SE, stated, "we feel confident enough to raise our operating profit target range."

from RTT - Earnings http://ift.tt/2kZK9TM
via IFTTT

No comments:

Post a Comment