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AIA Group Reports Strong 2024 Financial Results with New Share Buy-Back Program

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AIA Group Reports Strong 2024 Financial Results with New Share Buy-Back Program

AIA Group ( (HK:1299) ) just unveiled an announcement.

AIA Group Limited reported strong financial results for the year ending December 31, 2024, with significant growth in key metrics. The company achieved an 18% increase in the value of new business, a 12% rise in operating profit after tax per share, and a 10% increase in underlying free surplus generation per share. Additionally, AIA announced a new share buy-back program worth US$1.6 billion, reflecting its robust capital management strategy and commitment to returning value to shareholders.

More about AIA Group

AIA Group Limited is a leading insurance company incorporated in Hong Kong, offering a range of financial services and products, primarily focusing on life insurance and related services across Asia-Pacific markets.

YTD Price Performance: 15.33%

Average Trading Volume: 145,277

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $87.28B

For a thorough assessment of 1299 stock, go to TipRanks’ Stock Analysis page.

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