MetLife Stock Jumps on New Long-Term Growth Strategy
MetLife(MET) Investopedia·2024-12-13 02:05
Key TakeawaysMetLife announced a new strategy called "New Frontier" to boost long-term growth.The five-year plan is aimed at profit growth, expense reductions, and increased free cash flow.CEO Michel Khalaf said "New Frontier" was designed to build on the insurer's previous five-year "Next Horizon" plan that simplified and differentiated the company. MetLife (MET) shares rose 5% Thursday when the insurance provider announced a new strategic plan to "accelerate growth across global platform while delivering ...