Brief: Tryg Shares New Financial Targets, Starts DKK 2 Bln Share Buyback Program

Tryg A/S

04/12/2024 06:45

Dec 4 (Reuters) - Tryg A/S  TRYG.CO :
    * NEW FINANCIAL TARGETS AND LAUNCH OF DKK 2BN SHARE BUYBACK
PROGRAM
    * TARGETS INSURANCE SERVICE RESULT OF DKK 8.0BN-8.4BN IN
2027
    * TARGETS RETURN ON OWN FUNDS OF 35-40% IN 2027
    * EXPECTS SOLVENCY RATIO OF 195 BY END OF 2024
    * MAINTAINS ROBUST SOLVENCY POSITION
    * TO DISTRIBUTE DKK 17BN-18BN TO SHAREHOLDERS BY 2027
    * EXPECTS TO MEET ALL 2024 FINANCIAL TARGETS
    * 2027 COMBINED RATIO TARGET AROUND 81

Source text:  ID:nGNEc9plTq 
Further company coverage:  TRYG.CO 

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