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Aviva Survival Benefit Payout Form

Aviva Survival Benefit Payout Form

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Instructions and help about Aviva Survival Benefit Payout Form

over the last year we've focused aviva's businesses to our core markets in the uk ireland and canada we've sold eight businesses and this generated around 7.5 billion pounds of excess capital in this video we'll briefly explain how we're going to return 4.75 billion pounds to our ordinary shareholders there are two ways we're doing that through a share buyback program that finished in march and by giving 3.75 billion pounds to ordinary shareholders through a b share scheme which we'll explain shortly let's take these one at a time firstly let's look at the share buyback a share buyback means that aviva uses its own funds to buy aviva shares those shares are then cancelled which reduces the overall number of shares in aviva that means each share represents a slightly larger proportion of the company we've now finished buying back one billion pounds worth of aviva shares in total this started in august 2021 a

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