Aviva Bailed Out by Frugal Shareholders

Daily Mail › April 28, 2009

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Summary

SHAREHOLDERS have come to the rescue of insurance giant Aviva after turning down their cash dividends.

Alarmed by a deterioration in the firm's finances, one in every three investors opted to take their final payout for 2008 in new shares rather than cash, the group revealed yesterday.

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Extract

Aviva Bailed Out by Frugal Shareholders

Their frugality saved the Norwich Union owner Pounds 200m, helping fuel a 25pc jump ...

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