MetLife says 2013 forecast assumes no buybacks

Thu Dec 13, 2012 8:24am EST

(Reuters) - MetLife Inc's (MET.N) 2013 earnings forecast assumes no share buybacks, the company's chief executive said on Thursday.

The Federal Reserve has twice blocked MetLife from buying back stock, a consequence of the bank holding company charter the insurer is trying to shed.

(Reporting By Ben Berkowitz; Editing by Gerald E. McCormick)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.