Last checked at 2 Jun 2023 07:00
2 June 2023
Aviva has successfully completed its £300m share buyback programme
Aviva plc ("Aviva") announces that it has successfully completed its share buyback programme (the "Programme") which was notified to the market on 9 March 2023.
As a result of the Programme, Aviva acquired 72,797,191 ordinary shares of 3217/19 pence each ("Shares") at an average price of 412 pence per Share.
As at close of business on 1 June 2023, Aviva had 2,744,063,454 issued ordinary shares admitted to trading, of which 5,908,379 are pending cancellation under the Programme. The rest of the shares acquired under the Programme have already been cancelled. Aviva does not hold any shares in treasury and therefore, net of shares pending cancellation, Aviva has 2,738,155,075 shares each admitted to trading.
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Enquiries:
Media:
Andrew Reid +44 (0)7800 694 276
Sarah Swailes +44 (0)7800 694 859
Marion Fischer +44 (0)7800 693 219
Analysts:
Rupert Taylor Rea +44 (0)7385 494 440
Joel von Sternberg +44 (0)7384 231 238
Michael O'Hara +44 (0)7837 234 388
Notes to editors:
· We are one the UK's leading Insurance, Wealth & Retirement business and we operate in the UK, Ireland and Canada. We also have international investments in India, China and Singapore.
· We help our 18.7 million customers make the most out of life, plan for the future, and have the confidence that if things go wrong we'll be there to put it right.
· We have been taking care of people for 325 years, in line with our purpose of being 'with you today, for a better tomorrow'. In 2022, we paid £23.2 billion in claims and benefits to our customers.
· Aviva is a market leader in sustainability. In 2021, we announced our plan to become a Net Zero carbon emissions company by 2040, the first major insurance company in the world to do so. This plan means Net Zero carbon emissions from our investments by 2040; setting out a clear pathway to get there with a cut of 25% in the carbon intensity of our investments by 2025 and of 60% by 2030; and Net Zero carbon emissions from our own operations and supply chain by 2030. Find out more about our climate goals at www.aviva.com/climate-goals and our sustainability ambition and action at www.aviva.com/sustainability
· Aviva is a Living Wage and Living Hours employer and provides market-leading benefits for our people, including flexible working, paid carers leave and equal parental leave. Find out more at https://www.aviva.com/about-us/our-people/
· As at 31 December 2022, total Group assets under management at Aviva Group were £352 billion and our Solvency II shareholder capital surplus at 31 March 2023 was £7.7 billion. Our shares are listed on the London Stock Exchange and we are a member of the FTSE 100 index.
· For more details on what we do, our business and how we help our customers, visit www.aviva.com/about-us