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Loews Corporation
 | |
| Company type | Public |
|---|---|
| Headquarters | New York City, United States |
Key people |
|
| Products | insurance, hotels, oil drilling, pipeline transport |
| Revenue |  US$15.9 billion (2023) |
| US$1.99 billion (2023) | |
| US$1.43 billion (2023) | |
| Total assets | US$79.2 billion (2023) |
| Total equity | US$15.7 billion (2023) |
Number of employees | 12,280 (2023) |
| Subsidiaries |
|
| Website | loews |
| Footnotes / references [1] | |
Loews Corporation is an American conglomerate headquartered in New York City. The company's majority-stake holdings include CNA Financial Corporation, Boardwalk Pipeline Partners, Loews Hotels and Altium Packaging.
The corporation positions itself as a value investor with a long-term focus.[2] In recent years, Loews has also allocated significant capital for share buybacks.[3] In the three years preceding December 31, 2012, Loews spent $1.3 billion repurchasing shares. Between 1971 and 2020, the corporation reduced its shares outstanding from 1.3 billion shares to 291 million shares.[4]
- ^ "2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 6, 2024.
- ^ Loews Company Overview March 2013 http://www.loews.com/; Winans, Christopher. The King of Cash: The Inside Story of Laurence Tisch. New York: Wiley, 1995, p. 47-48
- ^ Value Investing: The Loews Way http://www.loews.com/. Retrieved 2013-04-01
- ^ Loews Company Overview January 2020 http://www.loews.com/
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