Completion of £1.0bn share buyback programme

RNS Number : 8595G

Aviva PLC

01 April 2022

 

 1 April 2022

Aviva has successfully completed its £1.0bn 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 12 August 2021 and increased and extended on 16 December 2021.

As a result of the Programme, Aviva acquired 245,225,489 shares at an average price of 408p per share.

As at close of business on 31 March 2022, Aviva had 3,693,570,958 issued ordinary shares of 25p each admitted to trading, 6,249,035 of which are pending cancellation under the Programme. Aviva does not hold any ordinary shares in treasury and therefore, net of shares pending cancellation, Aviva has 3,687,321,923 issued ordinary shares of 25p each admitted to trading.

-ends-

Enquiries :

Media:

Andrew Reid                                                                                                     [phone]

Sarah Swailes  [phone]

Analysts:

Rupert Taylor Rea                                                                                             [phone]

Tegan Gill      [phone]

Michael O' Hara                                                                                                [phone]

Notes to editors :

· We are the  UK's leading Insurance, Wealth & Retirement business and we operate across our core markets of the UK, Ireland and Canada. We also have international investments in Singapore, China and India.

· We help our  18.5 million customers (core markets)  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 2021, we paid £30.2 billion in claims and benefits to our customers.

· 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/

· At 31 December 2021, total Group assets under management at Aviva Group are £401 billion and our Solvency II shareholder capital surplus is £13.1 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  

· The Aviva newsroom at  www.aviva.com/newsroom  includes links to our spokespeople images,  podcasts, research reports and our news release archive.  Sign up  to get the latest news from Aviva by email.

· You can follow us on:

o  Twitter:  www.twitter.com/avivaplc/  

o  LinkedIn:  www.linkedin.com/company/aviva-plc  

o  Instagram:  www.instagram.com/avivaplc  

· For the latest corporate films from around our business, subscribe to our YouTube channel:  www.youtube.com/user/aviva  

 

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