Welcome to our dedicated page for MetLife news (Ticker: $MET), a resource for investors and traders seeking the latest updates and insights on MetLife stock.
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Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MetLife's position in the market.
MetLife CFO John McCallion has released a first quarter 2024 financial update video, highlighting the company's performance and strategic outlook. MetLife, Inc. is a prominent financial services firm offering insurance, annuities, and investment management solutions globally.
MetLife, Inc. (MET) has announced a new $3 billion share repurchase authorization, in addition to the $600 million remaining from the prior authorization. This move, along with a recent common stock dividend increase, reflects the company's commitment to returning capital to shareholders while ensuring responsible growth. MetLife aims to deploy capital strategically to drive long-term shareholder value.
MetLife reported strong first quarter 2024 results with net income of $800 million, adjusted earnings of $1.3 billion, and a book value of $34.54 per share. The company's return on equity was 12.6%, with holding company cash and liquid assets above target at $5.2 billion. MetLife's CEO, Michel Khalaf, expressed optimism for the year ahead, highlighting the company's growth potential.
