友邦保险(1299.HK):新业务价值增长具备韧性 新一轮回购计划提升股东回报至6%

招银国际
18 Mar

新回购计划如期落地,年内回购金额小幅优于预期。AIA 宣布新一轮16 亿美元股份回购计划于2025 年内完成,其中6 亿美元来自集团资本管理政策下,75%目标派付率所对应产生的自由盈余净额 (NFSG) 和额外批准的10 亿美元。结合1-2 月已完成的7 亿美元回购,公司全年股份回购金额为23 亿美元,对应股东回报率2.8%。我们此前预计新一轮股份回购计划为20 亿美元,于一年内完成(链接);若以...

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