MetLife (MET) Announces $3B Share Repurchase Plan

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MetLife Announces Second Quarter 2021 Results

August 4, 2021 4:15 PM EDT

NEW YORK--(BUSINESS WIRE)-- MetLife, Inc. (NYSE: MET) today announced its second quarter 2021 results.

Second Quarter Results Summary

Net income of $3.4 billion, or $3.83 per share, compared to net income of $68 million, or $0.07 per share, in the second quarter of 2020. Adjusted earnings of $2.1 billion, or $2.37 per share, compared to adjusted earnings of $758 million, or $0.83 per share, in the second quarter of 2020. Book value of $75.86 per share, down 4 percent from $78.65 per share at June 30, 2020. Book value, excluding accumulated other comprehensive income (AOCI) other than foreign currency... More

MetLife Announces New $3 Billion Share Repurchase Authorization

August 4, 2021 4:15 PM EDT

NEW YORK--(BUSINESS WIRE)--

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 $475 million remaining under the companys prior authorization announced in December 2020.

We continue to pursue a balanced, long-term approach to creating shareholder value, said... More