MetLife (MET) Announces New $3 Billion Share Repurchase Authorization

MetLife, Inc. (NYSE: MET) today announced that its board of directors has approved a new $3 billion authorization for the company to repurchase its common stock. The new authorization is incremental to the approximately $360 million remaining under the company’s prior authorization announced in May 2024.

“This new share repurchase authorization and the 4.1% increase in our common stock dividend that we announced earlier this month reflect MetLife’s financial strength and all-weather performance,” said MetLife President and Chief Executive Officer Michel Khalaf. “Altogether, these actions illustrate our commitment to providing an attractive total return for our shareholders as part of our New Frontier strategy.”

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