Aviva investors have until Thursday to vote on preference shares decision
Retail investors in Aviva PLC (LSE:AV.) have until 3 April to vote on the company's proposal to cancel four classes of preference shares, following the launch of a new tender offer, with a general meeting vote scheduled for 15 April.
Aviva launches tender offer and seeks shareholder approval to cancel preference shares
Aviva PLC (LSE:AV.) has announced plans to retire £200 million of irredeemable preference shares through a combination of a tender offer and a shareholder vote on cancellation.
Direct Line hails turnaround in motor insurance arm as Aviva vote nears
Direct Line Insurance Group PLC (LSE:DLG), which agreed in December to be taken over by Aviva, has also announced results, with strong growth and a turnaround in motor profitability, alongside solid non-motor business too. CEO Adam Winslow says the turnround strategy launched last July "has made a marked difference to the company's performance, and we have good momentum across all our business lines".
Aviva plc (AVVIY) Q4 2024 Earnings Call Transcript
Aviva plc (OTCPK:AVVIY) Q4 2024 Earnings Call February 27, 2025 4:00 AM ET Company Participants Amanda Blanc - Chief Executive Officer Charlotte Jones - Chief Financial Officer Conference Call Participants Andrew Hughes - Macquarie Research Abid Hussain - Panmure Liberum Nasib Ahmed - UBS Dominic O'Mahony - BNP Paribas Exane William Hawkins - KBW Larissa van Deventer - Barclays Capital Thomas Bateman - Mediobanca Andrew Baker - Goldman Sachs Amanda Blanc Good morning, everyone, and thank you for joining us for our Full Year 2024 Results Presentation. So as always, I'll give you a brief update on our performance before Charlotte takes you through the results in more detail.
Aviva's business has got real momentum, CEO says
Aviva CEO Amanda Blanc joins Squawk Box after the company beat expectations for its annual profits, reporting a 20% increase to £1.7 billion. The British insurer said it's confident in its outlook for this and next year, adding that its proposed acquisition of rival Direct Line is on track.
Aviva hiked dividend 7% as profits beat forecasts
Aviva PLC (LSE:AV.) seemed to deliver higher profits than expected for last year and rewarded investors with a 7% dividend increase.
Aviva: Direct Line Expected Acquisition Doesn't Change Its Income Appeal
Aviva: Direct Line Expected Acquisition Doesn't Change Its Income Appeal
Aviva may shock investors with negative results – City analysts
Aviva PLC (LSE:AV.) may shock investors next week when it releases results for 2024, that's the view from analysts at UBS.
Aviva's India arm hit with $7.5 million fine for fake invoice scheme, order shows
Indian authorities have ordered British insurer Aviva's local unit to pay $7.5 million in back taxes and penalties after an investigation found it created fake invoices to pay illegal commissions and claimed incorrect tax credits, an order shows.
Aviva bags loan for £3.7bn Direct Line deal
Aviva PLC has announced receipt of a loan to aid its £3.7 billion takeover of peer Direct Line Insurance Group PLC. Citibank had “successfully completed the syndication of a majority of its commitments” under a facility agreement, Aviva said on Wednesday.
Aviva upgraded as Direct Line deal can be big win, US bank suggests
Aviva PLC's (LSE:AV.) proposed acquisition of rival Direct Line can be a huge win, according to analysts at JP Morgan who have upgraded the insurer to overweight with a 615p target.
Aviva firms up £3.7 billion deal to buy Direct Line
Aviva PLC (LSE:AV.) has confirmed it has reached an agreement to buy rival Direct Line Insurance Group PLC (LSE:DLG) in a £3.7 billion deal.
