(Alliance News) - Assicurazioni Generali Spa announced on Wednesday that the shareholders' meeting approved the financial statements for the year ended December 31, 2023 with a net profit of EUR1.4 billion, the distribution of a dividend of EUR1.28 per share and the initiation of a share buyback program for the purpose of their cancellation under the strategic plan to 2024 pr the part related to the company's capital management policy and for a maximum total outlay of EUR500 million.

In addition, the meeting then approved the group's Long Term Incentive Plan 2024-2026, which provides for the allotment of a maximum number of 10.5 million shares.

Assicurazioni Generali trades in the red by 0.3 percent at EUR23.03 per share.

By Claudia Cavaliere, Alliance News reporter

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