Münchener Rück AG
MUV2#93 of 134 by buybacksXETRA · Financial Services · Insurance - Reinsurance · Germany
munichre.comBuybacks · FY2025€1.88B≈ $2.10B · reported in EUR
Buyback yield2.8%repurchases ÷ market cap
Dividends · FY2025€2.61Bdividend yield 4.0%
Shareholder yield6.8%buybacks + dividends ÷ market cap
Shares outstanding · 5 yr−9.7%127M shares (2026)
Buybacks ÷ free cash flow170%payout incl. dividends 406%
Fiscal-year detail
From the cash-flow statement as reported, in EUR. Negative repurchases mean net share issuance.
| Fiscal year | Repurchases | Dividends | Free cash flow |
|---|---|---|---|
| FY2025Dec 2025 | €1.88B | €2.61B | €1.10B |
| FY2024Dec 2024 | €1.44B | €2.01B | €2.83B |
| FY2023Dec 2023 | €1.04B | €1.58B | €2.40B |
| FY2022Dec 2022 | €605M | €1.55B | −€7.64B |
| FY2021Dec 2021 | — | €1.38B | €5.23B |
| FY2020Dec 2020 | €359M | €1.39B | €7.22B |
| FY2019Dec 2019 | €957M | €1.34B | €9.49B |
Repurchases in FY2025 were +30.7% versus the prior year.
About Münchener Rück AG
Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München engages in the insurance and reinsurance businesses worldwide. The company operates through six segments: Life and Health Reinsurance, Property-Casualty Reinsurance, Global Specialty Insurance, ERGO Life and Health Germany, ERGO Property-Casualty Germany, and ERGO International. The company offers life and health reinsurance solutions, such as digital underwriting and advanced analytics solutions, health insurance management system, financial ma…
- Market cap
- €65.9B
- P/E (trailing)
- 9.8×
- Fiscal year end
- December
- ISIN
- DE0008430026
- Reporting currency
- EUR
- Data updated
- Oct 9, 2026