{"id":523480,"date":"2021-08-04T16:19:28","date_gmt":"2021-08-04T20:19:28","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/metlife-announces-new-3-billion-share-repurchase-authorization-2\/"},"modified":"2021-08-04T16:19:28","modified_gmt":"2021-08-04T20:19:28","slug":"metlife-announces-new-3-billion-share-repurchase-authorization-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/metlife-announces-new-3-billion-share-repurchase-authorization-2\/","title":{"rendered":"MetLife Announces New $3 Billion Share Repurchase Authorization"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>MetLife Announces New $3 Billion Share Repurchase Authorization<\/b><\/p>\n<p class=\"bwalignl\">NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nMetLife, Inc. (NYSE: MET) today announced that its board of directors has approved a new $3 billion authorization for the company to repurchase its common stock. The new authorization is incremental to the $475 million remaining under the company\u2019s prior authorization announced in December 2020.\n<\/p>\n<p>\n\u201cWe continue to pursue a balanced, long-term approach to creating shareholder value,\u201d said MetLife President and CEO Michel Khalaf. \u201cLast year, we invested approximately $5 billion to drive profitable growth both organically and through acquisition. This April, we announced a 4.3% increase in our common dividend. And today\u2019s announcement reflects our commitment to returning excess capital to shareholders.\u201d\n<\/p>\n<p><span class=\"bwuline\">About MetLife<\/span><\/p>\n<p>\nMetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (\u201cMetLife\u201d), is one of the world\u2019s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.metlife.com&amp;esheet=52471847&amp;newsitemid=20210804005978&amp;lan=en-US&amp;anchor=www.metlife.com&amp;index=1&amp;md5=699936640a31320e9d3d6765fbcdc6f8\">www.metlife.com<\/a>.\n<\/p>\n<p><span class=\"bwuline\">Forward-Looking Statements<\/span><\/p>\n<p>\nThe forward-looking statements in this news release, using words such as \u201ccommitment,\u201d \u201ccontinue,\u201d \u201cdrive,\u201d \u201cpursue\u201d and \u201creturning,\u201d are based on assumptions and expectations that involve risks and uncertainties, including the \u201cRisk Factors\u201d MetLife, Inc. describes in its U.S. Securities and Exchange Commission filings. MetLife\u2019s future results could differ, and it has no obligation to correct or update any of these statements.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210804005978r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210804005978\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210804005978\/en\/<\/a><\/span><\/p>\n<p><b>For Media:<br \/>\n<\/b><br \/>Meredith Hyland<br \/>\n<br \/>212-578-9415<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Meredith.Hyland@metlife.com\">Meredith.Hyland@metlife.com<br \/>\n<\/a><\/p>\n<p><b>For Investors:<br \/>\n<\/b><br \/>John Hall<br \/>\n<br \/>212-578-7888<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:John.A.Hall@metlife.com\">John.A.Hall@metlife.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Insurance Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210804005978\/en\/550710\/3\/ML_LOGO_RGB_FINAL_TEMP_100316.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>MetLife Announces New $3 Billion Share Repurchase Authorization NEW YORK&#8211;(BUSINESS WIRE)&#8211; MetLife, Inc. (NYSE: MET) today announced that its board of directors has approved a new $3 billion authorization for the company to repurchase its common stock. The new authorization is incremental to the $475 million remaining under the company\u2019s prior authorization announced in December 2020. \u201cWe continue to pursue a balanced, long-term approach to creating shareholder value,\u201d said MetLife President and CEO Michel Khalaf. \u201cLast year, we invested approximately $5 billion to drive profitable growth both organically and through acquisition. This April, we announced a 4.3% increase in our common dividend. And today\u2019s announcement reflects our commitment to returning excess capital to shareholders.\u201d About MetLife MetLife, Inc. (NYSE: MET), &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/metlife-announces-new-3-billion-share-repurchase-authorization-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;MetLife Announces New $3 Billion Share Repurchase Authorization&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-523480","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>MetLife Announces New $3 Billion Share Repurchase Authorization - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/metlife-announces-new-3-billion-share-repurchase-authorization-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MetLife Announces New $3 Billion Share Repurchase Authorization - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MetLife Announces New $3 Billion Share Repurchase Authorization NEW YORK&#8211;(BUSINESS WIRE)&#8211; MetLife, Inc. (NYSE: MET) today announced that its board of directors has approved a new $3 billion authorization for the company to repurchase its common stock. The new authorization is incremental to the $475 million remaining under the company\u2019s prior authorization announced in December 2020. \u201cWe continue to pursue a balanced, long-term approach to creating shareholder value,\u201d said MetLife President and CEO Michel Khalaf. \u201cLast year, we invested approximately $5 billion to drive profitable growth both organically and through acquisition. This April, we announced a 4.3% increase in our common dividend. And today\u2019s announcement reflects our commitment to returning excess capital to shareholders.\u201d About MetLife MetLife, Inc. 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(NYSE: MET) today announced that its board of directors has approved a new $3 billion authorization for the company to repurchase its common stock. The new authorization is incremental to the $475 million remaining under the company\u2019s prior authorization announced in December 2020. \u201cWe continue to pursue a balanced, long-term approach to creating shareholder value,\u201d said MetLife President and CEO Michel Khalaf. \u201cLast year, we invested approximately $5 billion to drive profitable growth both organically and through acquisition. This April, we announced a 4.3% increase in our common dividend. And today\u2019s announcement reflects our commitment to returning excess capital to shareholders.\u201d About MetLife MetLife, Inc. 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