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Added to YB: 2026-05-26

Pitch date: 2026-05-22

AV.L [neutral]

Aviva plc

Author Info

No bio for this author

Company Info

Aviva plc provides various insurance, retirement, and wealth products in the United Kingdom, Ireland, Canada, India, and China.

Market Cap

GBP 18.8B

Pitch Price

N/A

Price Target

N/A

Dividend

6.28%

EV/EBITDA

3.78

P/E

23.61

EV/Sales

0.47

Sector

Insurance

Category

special_situation

Show full summary:
Theodosian Capital | Stocks Update 22/5/2026 - AV/ – Capital moves

AV.L (update): Legacy £200M T2 debt & €464M 2027 sr notes tender alongside £350M DL RT1 redemption (no SII credit) to boost capital efficiency. Concurrent €575M 31NC11 T2 issuance at 4.625%. Mgmt targeting SII ratio >180% by YE (171% Q1). Cheap at 9.6x 2027E EPS, 7.1% yield.

Read full article (1 min)