Michel Khalaf
CEO, President & Director at MetLife
We paid roughly $400,000,000 of common stock dividends to shareholders and repurchased approximately $500,000,000 of our common stock. In July, we repurchased around $140,000,000 of our common stock, which brings our total year to date to over $2,000,000,000 Since 2021, we've repurchased nearly $16,000,000,000 of our shares. We've done so consistently and evenly over that time frame, reducing our share count by more than $240,000,000 shares. At the same time, we continue to invest for growth, funding acquisitions like Pinebridge, which is in addition to the capital will return to shareholders in 2025. At the end of the quarter, we had $5,200,000,000 of cash and liquid assets at our holding companies, which is above the high end of our 3,000,000,000 to $4,000,000,000 target buffer range.