UK insurer Aviva posted a better-than-expected 35% rise in annual operating profit and announced a £300m share buyback on Thursday, driven by a rise in life and general policy sales.
Profits for 2022 came in at £2.2bn against a company-compiled consensus of £1.75bn and a total dividend of 31p a share was declared, in line with expectations. Aviva upgraded dividend guidance to low-to-mid single digit growth.
Reporting by Frank Prenesti at Sharecast.com
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