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The Markets
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Insurance

Aviva completes £1bn share buyback programme

The FTSE 100-listed insurer has committed to returning a further £3.75bn to shareholders

Aviva PLC (LSE:AV.) said it has completed its £1.0bn share buyback programme, first announced in August last year and extended in December.

Through the share buyback, the fifth-largest insurance group and the biggest in the UK purchased 245,225,489 shares at an average price of 408p per share, it said in a statement.

The company has committed to returning a total of £4.75bn to shareholders, including the £1bn share buyback programme now completed.

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