Germany’s Allianz to buy back up to $546 million in shares

(Reuters) – Germany’s Allianz said on Wednesday that it will buy back additional treasury shares in a volume of up to 500 million euros ($546.25 million).

The company has expanded the total volume of the share buybacks in the financial year 2024 to a total of 1.5 billion euros after the 500 million euro increase, it said in a statement.

(Reporting by Gursimran Kaur in Bengaluru; Editing by Shailesh Kuber)

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