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《大行報告》瑞銀:友邦(01299.HK)股份回購現已進入自動駕駛狀態
阿思達克 01-16 10:41
瑞銀發表報告指,友邦(01299.HK)宣布將在自動股份回購計劃下繼續進行股份回購,意味著目前的回購計劃在禁售期內不會停止。該行指,集團股份回購現已進入自動駕駛狀態,對新計劃持正面態度,因為隨著「套利機會」減少,股價波動亦可能會降低。根據歷史數據,回購計劃暫停後,由於購買力下降,該股表現往往遜於恆指。 該行預期,截至1月15日,集團已完成100億美元回購目標的73%。根據目前情況,當完成回購100億美元後,額外回購股票的可能性似乎很低。 另外,友早前亦重申將優先維持強勁償付能力狀況和尋求有機增長機會。投資者預計,集團今年新業務價值(VNB)將增長在約10%,如果實際增長低於預期,投資者期望公司能夠改善資本管理,例如增加回購或股息。
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