Company Watch
FBD to return up to €100 million to shareholders
The insurer has reported profit before tax of €74 million for 2022, which, while down from €110 the previous year, is well ahead of market expectations
Insurer FBD plans to return up to €100 million to its shareholders in the form of a special dividend or share buyback, according to its chief executive Tomás Ó Midheach.
It comes as the company reported profit before tax of €74 million for 2022, down from €110 million the prior year. However, the performance was well ahead of market expectations.
“We are keen to engage on our capital distribution, whether it is a share buyback ...