EQS-Adhoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re resolves share buy-back with a volume of up to €1bn

EQS-Ad-hoc: Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München / Key word(s): Share Buyback
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München: Munich Re resolves share buy-back with a volume of up to €1bn

22-Feb-2023 / 13:53 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.

Munich Reinsurance Company has resolved to buy back shares for a maximum total value of €1bn in the period between 6 May 2023 and, at the latest, the Annual General Meeting on 25 April 2024. The repurchased shares are to be retired. Together with the Board of Management’s dividend proposal to the Annual General Meeting of €11.60 per share, Munich Re’s capital repatriation thus totals €2.6bn.

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

22-Feb-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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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: 1566053
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1566053 22-Feb-2023 CET/CEST