Aviva says it will return "at least" 4bn to shareholders by next June following a sweeping overhaul of the insurance group under new chief executive Amanda Blanc. POTSDAM The Potsdam Food Co-Op's annual shareholders meeting is slated for Tuesday, Feb. 7 at the Trinity Church, 8 Maple St. Let us walk you through how to pick the right savings account for you, the ultimate budgeting template, setting up an emergency fund and more. The second way were returning excess capital to our shareholders is by giving 3.75bn to ordinary shareholders through a B share scheme. 8.4%. If you currently receive the Annual Review or the full Annual Report and Accounts we will contact you with further details in due course. Meet some of our amazing people and communities. Aviva launches young driver car insurance with Quotemehappy Connect. The information disclosed may not be the same as that which would have been disclosed if this announcement had been prepared in accordance with the laws of jurisdictions outside of England and Wales. Chief executive Amanda Blanc has transformed Aviva (LSE: AV). The updates that have been made to the Terms and Conditions do not reduce the levels of protection that were provided previously. Explore our news and research, opinions and podcasts. Quilter (QLT.L) on Wednesday reported a 12% drop in assets under management and administration. We believe everyone at Aviva should be able to be themselves. Aviva plc (Aviva or the Group) has released presentation slides and a video on its website, providing an update on the implementation of IFRS 17 and how this will apply to the Group. Discover what guides our business and behaviours. Aviva plc and GA plc preference shares will not be impacted by the B Shares Scheme or Consolidation. You can find a recording of the meeting on ourAnnual General Meeting page. Click below to access the B share scheme and share consolidation calculator and receive an indication of both your B share payment and the number of new ordinary shares which you could expect to receive following the consolidation. Albemarle has a 52 week low of . This is in addition to the 1 billion share buyback which was completed on 31 March 2022. Direct Line's warning was so dire that it also dragged other U.K. insurance stocks down with it, Admiral (LON:ADML) shares losing 8.8% and Aviva (LON:AV) shares falling 3.8% by 05:30 ET . Data from Investis, Annual Report and Accounts 2021 (PDF 10.9 MB). We would like to confirm that Equiniti, as the former administrator of the Friends Provident Share Account, have instructed Prosearch to conduct a mailing programme to contact previous Friend Provident Share Account holders,entitled to funds from the takeover of Friends Provident Group plc in November 2009. This means that the total number of Aviva ordinary shares in issue will be less. If you have any feedback or suggestions for our shareholder update, please emailaviva.shareholders@aviva.com. Welcome to another of our regular updates. Use the links below to find out about your dividends, managing your shares online, shareholder meetings and our quarterly shareholder update. Easily manage your policies and shareholding. Aviva reports 16% rise in application fraud over same period in 2021, Aviva has blocked more than 23,300 fraudulent or suspect motor insurance applications through the first ten months of this year, Almost one in four Brits consider pulling back on their pension to ease the financial squeeze, Aviva completes 350m bulk annuity deal with Coats UK Pension Scheme. Our memberships, awards and accreditations, Embedding sustainability throughout our business, Download our Modern Slavery Statement PDF, * Share price delayed by 15 mins. Remember to get legal and financial advice before putting your policy in a Trust. Aviva today announces it has completed a 350 million bulk purchase annuity buy-in transaction with the trustees of the Coats UK Pension Scheme. Electric car drivers fear running out of charge but help is at hand from Aviva. Aviva. We believe everyone at Aviva should be able to be themselves. Car insurer Admiral also reversed 7% or 153p to 2119p and Aviva fell 18.4p to 440p. to come up with a sure-footed way of rewarding shareholders after a raft of disposals completed during the year left the company with a significant cash bounty. Access resources for journalists and Aviva followers. In the space of a few months, we have had two new Prime Ministers and three new Chancellors, and the cost-of-living crisis continues to bite. Discover our people, diversity and follow us on social media. Our purpose and strategy - and what to expect if you join us. As an illustrative example, going forward, you'll hold approximately 76 new ordinary shares for every 100 ordinary shares you currently hold. Aviva's TSR of was a loss of 39% for the 3 years . New Aviva programme invests $3 million for EV chargers in under-served communities. The B share scheme is an efficient and quick way to return capital to ordinary shareholders. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Aviva Investors provides 90 million financing for development of major distribution hub in Warrington. If approved by shareholders, the scheme will take place in May 2022. Share price data delayed by 15 minutes. Shareholders who receive such calls are advised to hang up. The 2017 Annual General Meeting took place on Wednesday, 10 May 2017 and was held at the Queen Elizabeth II Centre in London. On 5 April 2022 Aviva published an explanatory Circular regarding the B Share Scheme and Share Consolidation, and containing a notice of General Meeting of the Company. As part of our longstanding commitment to climate action Aviva has released our first Climate-Ready Index to provide a simple measure for how influential countries are progressing on vital climate mitigation, resilience and adaptation actions. 8.7%. Information detailing the acquisition will have been sent to all former Friends Life shareholders on 17 April 2015. 7 Wall Street analysts have issued 12 month price objectives for Aviva's shares. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction. If you currently receive the Annual review you will receive a hard copy Strategic Report with supplementary additional material unless you instruct us otherwise. To find out more information and read the FAQs, go online at aviva.com/return-of-capital. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. On 13 April 2015, shareholders of Friends Life Group Limited were issued with new Aviva ordinary shares. Aviva would like to announce that from November 2017, we will only pay cash dividends directly to a nominated bank account. Average UK home electricity use calculated using Ofgem Typical Domestic Consumption Values (TDCVs). The exercise is scheduled to start later this month, and we can assure any shareholders contacted by Georgeson that this exercise is authorised by Aviva. Here are some of the brilliant things were doing to help build a brighter future. Jan. 17Tommy Nobis Center, a Marietta-based nonprofit that helps individuals with disabilities enter or return to employment, recently added Debbie Pike and Randy Hain to their board of directors. LONDON (AP) -- The chief executive of Aviva, Britain's largest insurer, has resigned following a shareholder revolt over executive pay, the company said Tuesday. Aviva calls for financial sector to play a bigger and clearer role in preventing biodiversity loss. Manchester City playmaker Kevin de Bruyne missed training earlier due to a personal issue but he is available for Thursday's Premier League home meeting with Tottenham Hotspur, manager Pep Guardiola said. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Aviva's near-8% dividend yield is well above the FTSE 100 average of 3.7%. Young drivers can earn e-vouchers and discounts on their premiums with the launch of Quotemehappy Connect, a new app-based car insurance proposition which rewards safe driving. Read our shareholder updates for news and offers from Aviva. Read ourAviva plc Q3 2022 Trading Update - Aviva plcfor more details. I have a very modest amount of aviva shares and struggling to understand the implications of the 4.75bn return to shareholders. Aviva, which planned to dole out at least 4billion to shareholders for the past year, saw its adjusted operating profit fall 10 per cent to 1.63billion after a softer performance across its [] Discover our people, diversity and follow us on social media. Running out of charge and being left stranded at the roadside is the main concern of drivers of electric vehicles (EVs) and those thinking of buying or leasing one, new research from Aviva shows. Our figure includes recurring special dividends. Our latest shareholder update was published in December 2022. Our financial position is strong, and we have made excellent progress in reducing leverage, with debt reduction of 1.9 billion in the first half of 2021. Share price data delayed by 15 minutes. Just make sure you have your shareholder reference number to hand. Aviva calls for clarity on the financial sectors role in the goals and targets set by the Global Biodiversity Framework (GBF), due to be agreed at COP15 in Montreal. Weve now finished buying back 1bn worth of Aviva shares in total this started in August 2021 and ended 31 March 2022. Discover how we protect people each day. Aviva today announces it has completed a 13 million bulk purchase annuity full buy-out transaction with the trustees of the Musicians Union Permanent Officials and Staff Pension Fund. In this video, well briefly explain how were going to return 4.75bn to our ordinary shareholders. We'll then pay a fixed amount to redeem each B share. Activist investor Cevian Capital said Aviva should return 5 billion pounds ($7.08 billion) of excess capital in 2022 after revealing it has built up a near 5% stake in the British insurer, putting . View savings and insurance products and get a quote. Our purpose and strategy - and what to expect if you join us. More about our customers, people and history. Aviva said in a statement after its annual general meeting in London that 54 percent of shareholders voted against the insurer's remuneration report. The information contained in this announcement is for background purposes only and does not purport to be full or complete. Data from investis. Avast plc is the world leader in cyber security software. The amount of money a company paid to a shareholder for each share they own over the past 12 months, expressed in pence. Our memberships, awards and accreditations, Embedding sustainability throughout our business, Download our Modern Slavery Statement PDF, * Share price delayed by 15 mins. There will be a potluck dinner at 6 p.m. and the meeting will follow at 7. Our shares are listed on the London Stock . Shareholders are advised that such calls have not been arranged by either Aviva or our Registrar, Computershare, and are likely to be part of a scam. The programme is scheduled to last until February 2014 and we can assure shareholders contacted by Computershare that this exercise is authorised by Aviva. It is scheduled to be operational by the end of 2023, the turbine will generate up to 58.2m kWh over 25 years, delivering an annual carbon emission saving of 386 tonnes1. Here on your section of the website, youll find all the information you need about dividends, news on how were performing, details of shareholder meetings, including our Annual General Meetings, and any updates you might need to be aware of. Please let us know if you have any comments or suggestions about the site by sending an email toaviva.shareholders@aviva.com. As an Aviva shareholder, you help make us what we are today. Explore our news and research, opinions and podcasts. Amanda Blanc, Group Chief Executive Officer, said: "Trading is positive and our performance is consistently strong. Information and contacts for institutional investors. Easily manage your policies and shareholding. Aviva undertakes a low cost postal share dealing programme with Computershare. Want to keep up to date with the latest Aviva news? Visit our brand website for Aviva logos and brand guidance. In October, Aviva pledged 7m and 2m to Citizens Advice and the Money Advice Trusts Business Debtline service respectively over the next two years. For further details of the recommended all-share offer for Friends Life Group Limited by Aviva plc and the General Meeting for Aviva shareholders please see Aviva General Meetings - Friends Life Acquisition. Aviva calls for financial sector to play a bigger and clearer role in preventing biodiversity loss. As an illustrative example, following the capital return and Share Consolidation, a Shareholder with a holding of 100 ordinary shares at the Record Time would receive cash of 100 via the B share scheme, and would have a remaining holding in Aviva of 75 shares. On this page you can find out more information about the proposed return of capital to ordinary shareholders. This is in addition to the 1 billion share buy-back which is underway. Aviva announces new partnerships that will see the insurer pledge 7m and 2m to Citizens Advice and the Money Advice Trusts Business Debtline service respectively over the next two years. We want this Index to work as a tool for starting conversations, creating a platform to share and collaborate on ideas and solutions to accelerate progress. Aviva completes 13m bulk annuity deal for Musicians Union pension scheme. Aviva enters growing offshore wind insurance market. Aviva completes 400m buy-in with Interserve Pension Scheme. Data from Investis, terms and conditions of the Aviva plc and GA plc preference shares areavailable here, Read our Capital returns explainer video transcript. Our purpose and strategy - and what to expect if you join us. The Canada General Insurance segment provides personal and commercial insurance products. Our sustainability ambition is focussed on three core areas. We remain on track to deliver on our strategic priorities and by serving our customers well we are confident in our previously stated guidance on future dividends and return of capital. A level of 100% is the absolute minimum which insurers should hold, according to regulators. Return of capital to ordinary shareholders, Our memberships, awards and accreditations, Embedding sustainability throughout our business, Download our Modern Slavery Statement PDF, * Share price delayed by 15 mins. Aviva said it would pay an interim dividend of 10.3 pence, in line with its full-year 2022 dividend guidance of around 31.0 pence. Data from investis. Aviva chair George Culmer responded to the remarks, saying he was "flabbergasted". Here you will find information regarding your new Aviva shares such as details of dividend payments, information on how to elect to receive electronic communications, relevant contact details andFrequently Asked Questions. This is made up of 3.75bn via a B Share Scheme for the holders of ordinary shares and is subject to shareholder approval and customary conditions, including no material deterioration in market conditions or the . Notification of voting rights and major interests in shares. 7 out of 10 UK adults are puzzled by financial jargon, But under-25s are least likely to feel puzzled, A nation of puzzlers: 63% of UK adults do puzzles at least once a week. In company news, Temenos jumped 8.9% after Chief Executive Officer Max Chuard quit the Swiss financial software company, which has been under pressure from activist shareholders. Group Limited were issued with new Aviva ordinary shares in issue will be less us know if join! 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