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Allianz SE has raised its medium-term profit target, aiming for a 7% to 9% annual increase in earnings per share over the next three years, up from a previous target of 5% to 7%. CEO Oliver Baete also announced a commitment to a higher profit payout ratio to benefit investors.
Allianz SE has announced a new target to return at least 75% of its net income to shareholders over the next three years, increasing its profit payout ratio. This commitment includes dividends and share buybacks, while maintaining the previous dividend target of 60%.
Oliver Bäte
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Allianz raises profit target and pledges higher investor payouts
07:21 10.12.2024
Allianz targets 75 percent profit payout to shareholders over three years
20:44 09.12.2024
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