MetLife Board Authorizes $3 Billion Share Buyback After Earnings Beat
MetLife owned 1,278,748 shares after buying an additional 30,067 shares during the period, while Burk Holdings LLC added a new stake. MetLife reported $2.43 EPS, beating the $2.30 consensus, but revenue was $13.52 billion versus $19.67 billion expected. Its board authorized a $3.00 billion share buyback and declared a $0.5925 dividend.