Full life for Swiss Life in 2019, which spoils its shareholders
friday, 28.02.2020
news-single-imgcaption" style="width:240px">A new share buyback program will be launched in March (Keystone)
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Swiss Life’s net profit also jumped 12% to 1.20 billion.
Shareholders will benefit from these developments by being offered remuneration for 2019, supplemented by 3.50 francs to 20.00 francs, including five francs in the form of a reduction in the nominal value of the share.
A new share buy-back program will also be launched in March, running until May 2021, for 400 million francs.
Equity capital increased from 1.40 billion to 16.44 billion francs at the end of December, detailed a detailed report on Friday.
The life insurer can thus tick all the boxes of an AWP consensus, which articulated on average an operating surplus of 1.62 billion, a net profit of 1.20 billion and a dividend of 19.08 francs. The volume of equity was expected at 16.3 billion.
Without venturing into the field of short-term quantified prospects, management assures that it is on the right track to concretize its roadmap by 2021. (awp)
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