aviva shareholders news

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More about our customers, people and history. Information and contacts for institutional investors. Access resources for journalists and Aviva followers. Data from investis. Access regulatory, governance and risk information. Exclusive news, data and analytics for financial market professionals, Reporting by Iain Withers Editing by Sinead Cruise and Mark Potter, Fitch keeps its negative slant on UK credit rating, London Irish hit with winding up petitions, UK's Unite union announces strike at Heathrow airport, Indonesia proposes demilitarised zone, UN referendum for Ukraine peace plan, EU's top diplomat discusses Ukraine's ammunition needs with South Korea, Transfer of holy icon shows Russian Orthodoxy's new sway under Putin, Zelenskiy orders audit of air raid shelters after deaths, condemns negligence, Panama boosts security in Darien Gap to confront human traffickers. Blanc said she hoped the insurance sector would achieve gender equality and could slowly eradicate this type of occurrence for the next generation. 2023 Annual General Meeting & General Meeting. Aviva announced a 38 million donation to restore Britains lost temperate rainforests in the UK.

In the meantime, thank you all once again for your continued interest and support for our business. Last month we published our full year results for 2021 and our Annual report and accounts. Want to keep up to date with the latest Aviva news? Activist investor Cevian - which first revealed its stake in the company in 2021 - said the results showed the company had made a "strong start to the next phase", which it said was delivering Aviva's long-term potential. 3During the Programme, the Broker has discretion to notify Aviva of a reduction in the Programme size due to a decrease in trading liquidity of the Shares. Prepare for the Superpowers of Pride. In Avivas case, the international investment firm built up its Aviva position in 2021, to 5.017%, to seek change in the form of shareholder returns. Last month we published our full year results for 2021 and our Annual report and accounts. UKwomen twice as likely to miss out on pensions auto-enrolment, Theres good reason why strong female role models deter other women from aiming for the top, Women still paid less than men at four out of five employers in Great Britain, Carol Vordermans later-life renaissance gives us just the kind of political hero we need, They are men they do nothing: inside the home lives of women around the world, I am proud of my work: the women pushing boundaries in Gaza, Dystopian surveillance disproportionately targets young, female and minority workers, Carol Vorderman disgusted by ministers attitude to menopause. See here for a complete list of exchanges and delays. Insurer to cut costs and focus on key markets after pressure from activist investment firm Cevian. Our shares are listed on the London Stock Exchange and we are a member .

On 2 March 2022 Aviva announced a final dividend for 2021 of 14.7 pence per share payable on 19 May 2022. Were the first major insurer worldwide to target Net Zero carbon by 2040. View savings and insurance products and get a quote. More about our customers, people and history. LONDON, March 9 (Reuters) - Aviva (AV.L) hiked its payouts to investors on Thursday, including a pledged 300 million pound ($355 million) share buyback, after navigating a volatile year in its. Want to keep up to date with the latest Aviva news?

So taking suppliers with us on our journey to achieving Net Zero supply chain by 2030 is key, something we took a significant step towards by hosting our first Net Zero Supplier Summit in November.. Wish You Could Be a Kid Again? Blanc said she had received many private messages of support from male and female FTSE chief executives and chairs, some of whom had experienced sexism themselves. Welcome to shareholder services Engaging with us online helps us give you a better service In this section you can find all the information and contact details you need to manage your shares. Access regulatory, governance and risk information.

Amanda Blanc tells Guardian incident may prompt rethink on how boards interact with investors. Last year 280 firms changed their practices after pressure from Aviva Investors, Mr Baig said. (London) - Aviva Investors, the global asset management business of Aviva plc, announces it has acquired a site less than a mile from Ipswich town centre with planning for the development of over 163 family homes, as it continues to grow its UK single-family rental platform in partnership with Packaged Living, the specialist UK Build-to-Rent (Bt. If you have any feedback for us, please get in touch by emailing aviva.shareholders@aviva.com. Explore our news and research, opinions and podcasts. The diversified model we have built at Aviva has proved its worth, providing clear benefits for customers and shareholders and driving our great results last year. Smaller FTSE firms still failing on boardroom diversity, Shareholders urged to vote out Playtech chair over gender imbalance, Ladbrokes owner Entain appoints female chief executive, Germany agrees historic mandatory boardroom quota for women, City equal pay campaigner Helena Morrissey quits Legal & General, Imperial Brands' Alison Cooper steps down as CEO, She wrote on the networking site LinkedIn, it will take until 2050 to reach gender parity. Full details of the proposed capital return are expected to be published on 5 April 2022. In particular, and subject to your approval, were delivering on our commitment to you, announcing a capital return of 4.75 billion in total. Were now beginning to prepare for our first in-person AGM since my appointment as your chair. Receiving validation from the SBTi is an important milestone for Aviva as we transition to Net Zero. The industry leader for online information for tax, accounting and finance professionals. Aviva believes this is one of the most effective nature based interventions to help remove carbon dioxide from the atmosphere. Tuesday 12 . We also believe it is important that those attending the AGM behave with courtesy and with respect for others, and therefore unacceptable behaviour will not be tolerated at the meeting.. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Aviva CEO Amanda Blanc was the subject of sexist comments by shareholders at the 2022 AGM. The following day, Blanc, who has held a number of senior roles in insurance over 30 years, warned that sexism in the finance industry was increasing.

As you can see, there has been a lot going on. In this section you can find all the information and contact details you need to manage your shares. This is made up of 3.75 billion via a B Share Scheme for the holders of ordinary shares and is subject to shareholder approval and customary conditions, including no material deterioration in market conditions or the financial position of Aviva. Read more Aviva plc to commence buyback of ordinary shares (investis.com). Aviva's operating profit rose 14% to 829 million pounds versus 742 million pounds seen in a company-supplied consensus forecast, helped by strong performance in commercial lines. Read our shareholder updates for news and offers from Aviva. ", 2021 was the year Aviva began to deliver on its promise to become the business that our customers, people and shareholders deserve it to be.. Blanc was the target of sexist remarks from individual shareholders at the Aviva AGM in London, with comments from the floor that she was not the man for the job and that she should be wearing trousers. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Polish State Fund PFR Seeks Higher Dividend From Pekao Bank, Turkey to Deploy Commando Battalion in Kosovo at NATOs Request, ECBs Visco Says He Would Have Preferred More Gradual Rate Hikes, Charting the Global Economy: Business Activity Slows in China, Mauritius Expects Debt to Fall to 60% of GDP Before 2030. Last week, Aviva announced increased general insurance gross written premium and higher sales levels for protection & health and retirement for the first quarter of 2023. She slimmed down the business to focus on the UK, Ireland and Canada, selling eight divisions for 7.5bn in the past year and returning 4.75bn to shareholders. The company's solvency ratio, a key measure of capital strength, came in at 212%, down from 244% the previous year.

Aviva Plc to return more capital to shareholders through new stock buyback Aviva Analyst Opinions Date Analyst Rating Price Aviva Estimates* in GBP Yearly Quarterly * Average Estimates in.

| April 18, 2023 . All quotes delayed a minimum of 15 minutes. Use the links below to find out about your dividends, managing your shares online, shareholder meetings and our quarterly shareholder update. Aviva made an accounting loss of 1.1 billion pounds, compared to a 2 billion pound profit the previous year, which it blamed on adverse market movements in 2022. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Well do all we can to live up to that responsibility, delivering on our promise to our customers, and to you, our shareholders. Our Standards: The Thomson Reuters Trust Principles. Registerto get an email when these are available. For this year's meeting, we have decided to move the venue out of London to the city of Norwich, where we have a large general insurance business. Follow Aviva Plc on Twitter and LinkedIn for regular updates. Monday 11 | 23C. See here for a complete list of exchanges and delays. Its June. Amanda Blanc, Avivas Group Chief Executive Officer, said: Science Based Targets is a key initiative in the journey to Net Zero. Shareholders are advised that such calls have not been arranged by either Aviva or our Registrar, Computershare, and are likely to be part of a scam. Our purpose and strategy - and what to expect if you join us.

Shareholders are advised that such calls have not been arranged by either Aviva or our Registrar, Computershare, and are likely to be part of a scam. Blanc herself spoke out days after the incident, saying that while she was pretty used to sexist and derogatory comments throughout her 30-year career in financial services, she had faced more misogynistic behaviour as her career progressed.

The chief executive of Aviva, Amanda Blanc, has told of her shock at being on the receiving end of misogynistic comments at the insurers annual meeting last week, saying the incident could prompt a wider rethink on how boards interact with shareholders in future. Read more on Shonaid's appointment about Shonaid Jemmett-Page. Aviva plc has appointed James Hillman as Chief Risk Officer. Read ourAviva plc 2021 preliminary results announcement - Aviva plc. Shareholder update - April 2022 Chair's update Financial updates Business updates Environment & community updates Chair's update Dear Shareholder Last month we published our full year results for 2021 and our Annual report and accounts. A recent report by the Women in Finance initiative found that at the current rate, it will take until 2050 to reach gender parity at senior levels of Britains financial services industry. Aviva chair warns shareholders against repeat of sexism at AGM George Culmer says 'unacceptable behaviour will not be tolerated' after last year's comments about CEO Amanda Blanc Kalyeena. As I wrote in my statement for that report, they show that 2021 was the year Aviva began to deliver on our promise. If you have any feedback or suggestions for our shareholder update, please emailaviva.shareholders@aviva.com. Aviva : Shareholder update - April 2022. Aviva plc published this content on 29 March 2023 and is solely responsible for the information contained therein. Her LinkedIn post had received 1.6m views and 825 comments the last time she looked, from all sectors, all industries, all genders, people expressing their support but also reliving their own stories. In 2022, in that sort of forum, you would not have expected that.. Aviva Plc said it will return 4.75 billion pounds ($6.3 billion) to shareholders, and will invest half a billion pounds in growth and efficiency efforts in the coming year as it enters the next stage of its overhaul. Read more - Aviva enters growing offshore wind insurance market - Aviva plc for more details. No recommendation. Information and downloads for latest and past shareholder meetings. We've set ourselves new targets, set out an attractive, sustainable dividend policy, and are taking advantage of good growth opportunities across our markets. (modern), Avivas chief executive, Amanda Blanc, said the company would accelerate the capital return after the sale of eight businesses, Legal & General chief executive Nigel Wilson to retire, Insurers told to stop shortchanging UK drivers by undervaluing write-offs, Amazon to launch UK insurance comparison site, BoEpowers to oversee insurers may not offset risks posed by looser regulation, FCAurges insurers to treat customers fairly amid cost of living squeeze, UKfire and subsidence claims will rise due to extreme heat, says insurer, Direct Line issues profit warning as inflation drives up cost of claims, UKwoman told to pay extra home insurance to host Ukrainian family. Use the links below to find out about your dividends, managing your shares online, shareholder meetings and our quarterly shareholder update. She said the management team was really pleased with Thursdays announcement. The process involves issuing a new B share for every existing share today and then redeeming them tomorrow for 101.69p apiece. Whilst I am pleased with whats been accomplished over the past twelve months, I am clear there is significantly more value which Aviva can and will deliver in 2023 and beyond.. Contacts and helpful information for managing your shares. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Our reason to exist has never felt more important as our customers navigate the various challenges currently facing our world. First up, thank you for investing in Aviva and for placing your trust in us. Return of capital to ordinary shareholders. There are more details below of our 2022 final dividend and the buyback of ordinary shares. 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The distribution will be via a 'B' share scheme where shareholders will receive one 'B' share for every ordinary share, which will then be redeemed at 1 each. Cevian has called for 500m in cost savings by 2023. Last month we published our full year results for 2021 and our Annual report and accounts. How did it become a sexist putdown? Data from investis. Share price data delayed by 15 minutes. Information and contacts for institutional investors. "Amanda Blanc and the board of Aviva have done an excellent job in restructuring the company," said Niko Pakalen, partner at Cevian Capital. Information and contacts for institutional investors. Cevian partner Niko Pakaln was quoted by Reuters as saying: Over the last few years, Aviva has transformed from a poorly performing conglomerate to a focussed and well-performing insurance company. Registerto get an email when these are available. Weather. Delivering our strategy will allow us to continue to offer attractive and reliable dividends to our shareholders. Half (48%) of over 55s have 'some sort' of debt in the decade before retirement, more than one in ten (11%) still have a mortgage. Find out about our purpose, priorities and products. Here on your section of the website, youll find all the information you need about dividends, news on how were performing, details of shareholder meetings, including our Annual General Meetings, and any updates you might need to be aware of. (modern). Well share more shareholder updates in June, September, and December 2023. As previously reported by Insurance Business, Cevian commonly acts as a reference shareholder, an anchor shareholder, or an external catalyst for change. Emma Walmsley, chief executive of drugmaker GSK, is currently being targeted by the New York hedge fund Elliott Management, run by the billionaire Paul Singer, which took a sizeable stake in GSK to push for change in April. Aviva is not owned by hedge funds. Indonesia's defence minister on Saturday proposed a peace plan to end the war in Ukraine, calling for a demilitarised zone and a United Nations referendum in what he called disputed territory. Well share more shareholder updates in June, September and December 2022. Aviva has produced strong shareholder returns, including substantial distributions of excess capital. The return, to ordinary shareholders and holders of American depositary shares representing ordinary shares (ADSs), is in the form of a payment of 101.69p per ordinary share. Aviva : Shareholder updates 06/23/2021 | 06:31am EDT October 2015 Warning to Shareholders Aviva and our Registrar, Computershare, have been contacted by a number of our shareholders regarding calls they have received from Oak Tree Finance regarding their Aviva shareholdings. Delayed London Stock Exchange Find out about our purpose, priorities and products. On 9 March 2023 Aviva announced a final dividend for 2022 of 20.7 pence per share payable on 18 May 2023. Read more on the Directorate changes about Belen Romana Garcia and Patricia Cross. Were the first major insurer worldwide to target Net Zero carbon by 2040. Insurer says it will return $6.3 billion to investors, Financial advice firm Succession to help wealth expansion, Amazon Is in Talks to Offer Free Mobile Service to US Prime Members, Everything Apple Plans to Show at WWDC: XR Headset, iOS 17 and More, Inside the Making of Redfall, Xboxs Latest Misfire, Backlash Against Weaponized Dollar Is Growing Across the World, Taylor Swift Argentina Tickets Are a Bargain With Inflation Over 100%. 4Calculated using BEIS GHG conversion factors of 0.19kg/CO2e per passenger km. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.

LV= chairman to step down after failure of sale to US firm, took a sizeable stake in GSK to push for change in April. Our Standards: The Thomson Reuters Trust Principles. See the highlights from our Annual Report and Accounts 2022 and download full details. This was below analysts expectations, but its general insurance division posted its best performance in a decade. Share price data delayed by 15 minutes. British insurer Aviva raised the amount it said it would return to shareholders to 4.75 billion pounds ($6.31 billion) on Wednesday as it faces pressure from activist investor Cevian Capital . Aviva is returning 4.75bn to shareholders and has beefed up its cash generation and dividend guidance as part of chief executive Amanda Blanc's vision for a "simpler, leaner" business,. Avivas chairman has warned that he will not tolerate disrespectful behaviour from shareholders at its annual meeting, as the insurer tries avoid a repeat of last years event when misogynistic comments were targeted at its chief executive. -, London stocks rise as US averts default; Dechra surges, British Insurer Aviva Concludes GBP300 Million Share Repurchase Program, Aviva : appoints James Hillman as Chief Risk Officer*, Aviva : More than 1 in 10 over 55s have mortgage debt in the run up to retirement, Carney's climate alliance sounds alarm on "political attacks" on insurers, Cevian Capital Sold Its Whole Stake in Aviva, Berenberg Trims Aviva PT, Maintains Buy Recommendation, Germany enters recession; UK energy price cap lowered, Chief Executive Officer & Executive Director. Doug Brown, CEO UK & Ireland Life, Aviva, said: The Living Pension accreditation, combined with the incoming changes to auto-enrolment, could make a real difference in levelling up pensions for younger workers, part-time workers who are often women - and those with multiple lower-paid or part-time jobs. LONDON, March 9 (Reuters) - Aviva (AV.L) hiked its payouts to investors on Thursday, including a pledged 300 million pound ($355 million) share buyback, after navigating a volatile year in its key markets amid pressure from activist investor Cevian to boost returns. However, he urged more big investment firms to use their "loud" and "influential" voices to drive change. Its chief executive, Amanda Blanc, said the company would accelerate the capital return, starting with an immediate share buyback of 750m. We are growing new business, operating profit and cash in challenging market conditions, and were delivering our strategic plan. Belen Romana Garcia and Patricia Cross will retire from the Board following the conclusion of the Company's AGM on 9 May 2022, having served eight and seven years respectively. Our sustainability ambition is focussed on three core areas. Sustainability is fundamental to our strategy and culture. All rights reserved. As I wrote in my statement for that report, they show that 2021 was the year Aviva began to deliver on our promise. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Now part of our responsibility as a leading UK company is to run ourselves as a sustainable business. Data from Investis, Aviva plc 2021 preliminary results announcement - Aviva plc, Return of capital to ordinary shareholders - Aviva plc, Shareholder meetings and archives - Aviva plc. Copyright 2023 Surperformance. A heat pump provider with a bargain share price COMPANIES May 22, 2023 Will Royal Mail ever make a profit? To avoid any doubt, Culmer has issued a fresh warning in Avivas latest AGM notice, saying that while Aviva was committed to open and constructive dialogue with investors he expected courtesy and respect from attenders travelling to Norwich for the 4 May event. All investments . Aviva, one of Britains biggest insurance firms which sells life, home, health and car insurance, reported a 17% rise in first-half operating profits from continuing operations to 725m. Aviva rejected the offer, but shareholders in the company are now agitating for talks tobegin. The capital return falls short of the 5bn demanded by Cevian, a Swedish investment firm and the largest activist fund in Europe, which has built a 5% stake in Aviva to become its second-biggest shareholder after BlackRock. The UK-headquartered giant has since returned the target amount of capital, with Cevian describing Aviva as a changed business. The insurer also wants to use the sale proceeds to pay down debt by a further 1.7bn. Hopefully everybody sees that in the same way. She added that relations with Cevian were constructive. Amanda Blanc, Group Chief Executive Officer, said: "We are making excellent progress at Aviva.

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aviva shareholders news