Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
ISIN: DE0008430026
WKN: 843002
26 February 2024 06:52PM

EQS-Adhoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re plans dividend of €15 per share for 2023 and resolves share buy-back with volume of up to €1.5bn

Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München · ISIN: DE0008430026 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 1845471

EQS-Ad-hoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München / Key word(s): Dividend/Share Buyback
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re plans dividend of €15 per share for 2023 and resolves share buy-back with volume of up to €1.5bn

26-Feb-2024 / 18:52 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


The Board of Management of Munich Reinsurance Company intends to propose to the Annual General Meeting a dividend of €15.00 per share for the 2023 financial year (consensus: €12.49). The Supervisory Board is to decide on the Board of Management’s dividend planning once the final business figures are available for 2023. The dividend payment is subject to the resolution of the Annual General Meeting.

In addition, the Board of Management has resolved to purchase own shares amounting to a maximum value of €1.5bn (excluding incidental expenses) in the period from 26 April 2024 until the Annual General Meeting on 30 April 2025 at the latest. The repurchased shares are to be retired. The share buy-back programme is subject to the approval of the Praesidium and Sustainability Committee of the Supervisory Board.

Munich Re’s capital repatriation thus totals €3.5bn.

 


Contact:
Dr. Stefan Gehring
General Counsel & Group Chief Compliance Officer


End of Inside Information

26-Feb-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München
Königinstraße 107
80802 München
Germany
Phone: +49(0) 89 3891-0
Fax: +49(0) 89 399 056
E-mail: shareholder@munichre.com
Internet: www.munichre.com
ISIN: DE0008430026, DE0008430026
WKN: 843002, 843002
Indices: DAX, EURO STOXX 50
Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange; Mailand
EQS News ID: 1845471

 
End of Announcement EQS News Service

1845471  26-Feb-2024 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 49.064,00 51.457,00 54.890,00 59.567,00 67.133,00 57.884,00 59.000,00
EBITDA1,2 3.725,00 4.004,00 1.986,00 3.517,00 4.087,00 6.019,00 0,00
EBITDA-Margin3 7,59 7,78 3,62 5,90 6,09 10,40 0,00
EBIT1,4 3.725,00 4.004,00 1.986,00 3.517,00 3.582,00 5.702,00 0,00
EBIT-Margin5 7,59 7,78 3,62 5,90 5,34 9,85 0,00
Net Profit (Loss)1 2.275,00 2.707,00 1.211,00 2.932,00 3.419,00 4.597,00 5.000,00
Net-Margin6 4,64 5,26 2,21 4,92 5,09 7,94 8,48
Cashflow1,7 2.998,00 9.493,00 7.219,00 5.226,00 -7.644,00 2.543,00 0,00
Earnings per share8 15,53 18,97 8,63 20,93 24,63 33,88 36,60
Dividend per share8 9,25 9,80 9,80 11,00 11,60 15,00 15,50
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Ernst & Young

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
Münchener Rück
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
843002 DE0008430026 AG 67.415,27 Mio € 20.01.1948 Halten 8FWH5H4Q+G5
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
11,23 13,85 0,81 22,28 2,44 26,51 1,16
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
11,60 15,00 15,50 3,14%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
30.04.2025 13.05.2025 08.08.2025 07.11.2024 14.03.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-1,59%
494,00 €
ATH 526,00 €
+1,24% +6,47% +31,70% +29,32% +0,00%

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