MetLife share are trading higher after the company reported a $19.2 billion risk transfer transaction and increased its share repurchase authorization to $4 billion.
Portfolio Pulse from Benzinga Newsdesk
MetLife shares are trading higher after the company reported a $19.2 billion risk transfer transaction and increased its share repurchase authorization to $4 billion.

May 25, 2023 | 4:12 pm
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POSITIVE IMPACT
MetLife's stock price is likely to increase in the short term due to the $19.2 billion risk transfer transaction and the increased share repurchase authorization to $4 billion.
The $19.2 billion risk transfer transaction reduces MetLife's risk exposure, making the company more attractive to investors. Additionally, the increased share repurchase authorization to $4 billion signals the company's confidence in its financial position and future prospects, which is likely to boost investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100