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LSE:DLG 6 January 2026 - 10 March 2026

Aviva plc Restarts £350 Million Buyback as Shares Slide — Why Analysts Still See Value

Aviva plc Restarts £350 Million Buyback as Shares Slide — Why Analysts Still See Value

Aviva plc disclosed Monday it repurchased 20,000 shares for cancellation in a March 6 transaction, part of the £350 million buyback that kicked off last week. Shares still finished the session down 2.58% at 611.2 pence. The FTSE 100 slipped 0.34%. The filing is key: Aviva halted buybacks while it was finalizing its £3.7 billion purchase of Direct Line, a move that pushed the company to the top spot among UK home and motor insurers. Now that the deal is complete and last week's annual results are in, investors are starting to focus less on M&A and more on whether the bigger Aviva can finally bridge the valuation gap that analysts pointed out on Monday.

Stock Market Today

  • Sensex Sheds 10.3% in H1, Worst Start to Year Since 2020; Nifty Down 8.7% as IT Lags, FPIs Exit
    July 1, 2026, 1:07 AM EDT. Sensex lost 10.3% in the first half, the sharpest drop for H1 since 2020. Nifty fell 8.7%, its biggest H1 slide since 2022, with both benchmarks hit by selling in tech and foreign outflows. The Nifty IT index tumbled 31%-its worst six months since 2003. Smallcaps and midcaps fared better, adding 6.5% and 2.2% on demand from retail buyers and cheaper valuations. FPIs pulled $29.3 billion from Indian stocks in H1 2026, mostly out of largecaps, while DIIs bought ₹4.63 trillion ($49 billion) and helped stem the slide. Analysts pointed to valuation gaps, geopolitical risk, US tariff concerns, oil prices, and a weak rupee as pressures.
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