Loews reports Q4 net income $343M, down from $397M; full year net $1.58B, repurchases $1.13B

LOEWS CORP

2021-FY EPS reported $6.07 revenue$14,657,000,000

Q4 2021 net income $343M ($1.37/sh), down from $397M ($1.45/sh) in Q4 2020.
Full year 2021 net income $1.58B ($6.07/sh) vs net loss of $931M ($3.32/sh) in 2020.
Excluding special items, adjusted full year net income $1.1B in 2021 vs $502M in 2020.
Repurchased 21.1M shares for $1.13B in 2021; additional 0.2M shares bought back in Jan-Feb 2022.
Book value per share $71.84 at Dec 31, 2021, up from $66.34 a year earlier.

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