BUZZ-MetLife rises after unveiling new growth plan

Reuters12-13

** Shares of insurer MetLife MET.N rise as much as 5.4%; last up 3.7% at $83.33

** MET is aiming for a double-digit adjusted earnings per share growth over the next five years, CEO Michel Khalaf told Reuters

** Company unveiled a new five-year growth strategy at its 2024 investor day on Thursday

** Thinking about playing more offense than MET did a few years ago and being more front-footed - Khalaf

** MET is also targeting 15% to 17% adjusted return on equity, a measure of a company's financial performance, as part of its strategic plan

** As of last close, MET shares up 21.5% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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