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MetLife says 2013 forecast assumes no buybacks
December 13, 2012 / 1:26 PM / 5 years ago

MetLife says 2013 forecast assumes no buybacks

(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

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