MetLife operating income falls, authorizes $2 billion buyback [Reuters]
MetLife, Inc. (MET)
Last metlife, inc. earnings: 2/5 04:15 pm
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Source: Reuters
MetLife operating income falls, authorizes $2 billion buyback | Reuters Reuters Staff 2 Min Read (Reuters) - MetLife Inc ( MET.N ) reported a 13.8 percent fall in quarterly operating income on Wednesday, hurt by a charge related to the spin off of its U.S. retail business, Brighthouse Financial, and the insurer authorized a $2 billion share buyback plan. MetLife said that it intends to divest its remaining Brighthouse Financial Inc ( BHF.O ) common stock through an exchange offer for MetLife common stock during 2018. The quarter included the results of Brighthouse’s final month with MetLife before the spinoff became effective on Aug. 4, following which MetLife ceded the title of the largest U.S. life insurer by assets to Prudential Financial ( PRU.N ). New York-based MetLife booked a third-quarter charge of $1.1 billion related to the Brighthouse spinoff, more than the $1 billion it had previously estimated. [L4N1KP5S4] The third quarter is the first indication of how MetLife ma
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News
- MetLife (MET) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures [Yahoo! Finance]Yahoo! Finance
- MetLife (MET) Earnings Expected to Grow: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- MetLife Increases Common Stock Dividend by 4.8% [Yahoo! Finance]Yahoo! Finance
- MetLife Increases Common Stock Dividend by 4.8%Business Wire
- MetLife Investment Management combines fixed income, private capital offerings [Seeking Alpha]Seeking Alpha
MET
Earnings
- 1/31/24 - Miss
MET
Sec Filings
- 4/26/24 - Form DEF
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- MET's page on the SEC website