MetLife rises after unveiling new growth plan

Metlife

12/12/2024 19:29

** Shares of insurer MetLife  MET.N  rise as much as
5.4%; last up 3.7% at $83.33
    ** MET is aiming for a double-digit adjusted earnings per
share growth over the next five years, CEO Michel Khalaf told
Reuters
    ** Company unveiled a new five-year growth strategy at its
2024 investor day on Thursday
    ** Thinking about playing more offense than MET did a few
years ago and being more front-footed - Khalaf
    ** MET is also targeting 15% to 17% adjusted return on
equity, a measure of a company's financial performance, as part
of its strategic plan
    ** As of last close, MET shares up 21.5% YTD


 (Reporting by Arasu Kannagi Basil in Bengaluru)
 ((ArasuKannagi.Basil@thomsonreuters.com;))