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Cathay Financial Holding Co., Ltd. (2882.TW)

Taiwan - Taiwan Delayed price. Currency in TWD
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56.400.00 (0.00%)
At close: 01:30PM CST
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Previous close56.40
Open56.40
Bid56.40 x 0
Ask56.50 x 0
Day's range56.10 - 56.80
52-week range42.05 - 57.40
Volume31,192,075
Avg. volume28,989,606
Market cap827.343B
Beta (5Y monthly)0.65
PE ratio (TTM)17.41
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield0.90 (1.60%)
Ex-dividend date28 Jun 2023
1y target estN/A
  • Reuters

    Generali buys U.S. asset manager Conning under deal with Cathay Life

    Generali has agreed to buy Connecticut-based asset manager Conning Holdings as part of a partnership with Cathay Life, a unit of Taiwan's Cathay Financial Holding, the Italian insurer said on Thursday. The deal, structured as an exchange of assets without a cash consideration, realises Generali CEO Philippe Donnet's ambition of expanding into the asset management sector in the United States. Under its current three-year plan, Generali had been seeking acquisition targets in insurance and asset management, earmarking up to 3 billion euros ($3.25 billion) for M&A transactions and citing possible deals in Europe, Asia and the United States.