Welcome to our dedicated page for Jackson Financial news (Ticker: JXN), a resource for investors and traders seeking the latest updates and insights on Jackson Financial stock.
Jackson Financial Inc (NYSE: JXN) provides investors and retirement planners with essential updates through this comprehensive news resource. Track official announcements, financial disclosures, and strategic developments from one of America's leading providers of retirement solutions.
This centralized hub aggregates all material updates including quarterly earnings reports, product innovations in annuity offerings, leadership changes, and regulatory filings. Users gain efficient access to both recent developments and historical announcements for informed decision-making.
The curated collection spans multiple business segments: Retail Annuities updates on variable and fixed index products, Institutional Solutions developments, and corporate strategy updates from the Closed Blocks division. Content maintains strict focus on factual reporting without speculative analysis.
Bookmark this page for streamlined monitoring of JXN's market position in retirement income solutions. Combine regular visits with professional financial advice to stay informed about annuity product developments and corporate milestones.
Jackson Financial Inc. (NYSE: JXN) has released its first Environmental, Social and Governance (ESG) report since becoming an independent public company in September 2021. The report outlines Jackson's ESG priorities, including environmental protection, community support, and governance practices. Key highlights include a solar farm at its Michigan headquarters providing 20% of energy needs, over $5.6 million in donations, and extensive community volunteering. The company emphasizes its commitment to diversity, inclusion, and sustainable practices as part of its long-term strategy.
Jackson Financial Inc. (NYSE: JXN) is set to release its financial results for Q1 ending March 31, 2022, after market close on May 10, 2022. A conference call will be held on May 11, 2022, at 10 a.m. ET to discuss the results. Jackson aims to simplify retirement planning through its annuity products and services. The company is committed to delivering clarity and better outcomes for clients and stakeholders. For more information, visit the investors' page.
Jackson Financial Inc. (NYSE: JXN) has partnered with Producers Choice Network (PCN) to distribute its advisory annuity products to over 6,500 investment advisor representatives. This collaboration aims to support registered investment advisors (RIAs) by providing commission-free, competitive products tailored to their client needs. Bill Burrow, Senior VP at Jackson, highlighted this partnership as a means to enhance their distribution footprint and better serve financial professionals. Jamie Kosharek, President of PCN, emphasized the goal of delivering unbiased planning through their services.
Jackson Financial Inc. (NYSE: JXN) reported strong financial results for Q4 and full year 2021, achieving a net income of $585 million for Q4, and $3.183 billion for the entire year. Adjusted operating earnings were $707 million for Q4 and $2.398 billion for the year, reflecting an increase in fee income from annuity sales. The company also highlighted a robust capital position with an RBC ratio of 580%. A dividend increase of 10% to $0.55 per share and a $300 million share repurchase authorization were announced. Total annuity account value rose to $259 billion, marking a 13% increase year-over-year.
Jackson Financial Inc. (NYSE: JXN) announced a cash dividend of $0.55 per Class A common share for Q1 2022, marking a 10% increase from the previous quarter. The dividend will be paid on March 23, 2022, to shareholders on record as of March 14, 2022. Additionally, the Board has increased the share repurchase authorization by $300 million, bringing the total to approximately $338 million. Repurchases will occur based on market conditions and management discretion.
Jackson Financial Inc. (NYSE: JXN) will release its financial results for Q4 and full year 2021 after market close on March 2, 2022. A conference call is scheduled for March 3, 2022, at 10 a.m. ET to discuss these results, which will be accessible to the public. The company also aims to help stakeholders understand retirement planning, releasing educational videos addressing consumer needs and annuity types. Additional information about the press release is available on Jackson's investor relations website.
Jackson Financial Inc. (NYSE: JXN) has appointed Scott Romine as President of Jackson National Life Distributors LLC (JNLD), succeeding Aimee DeCamillo. Romine, a 24-year veteran, was previously President of Advisory Solutions. Additionally, Alison Reed has taken on an expanded role as COO of JNLD, overseeing Distribution Services and Marketing. Both leaders are expected to drive growth aligned with Jackson’s strategic focus. CEO Laura Prieskorn praised their experience and alignment with expansion goals.
Jackson Financial Inc. (NYSE: JXN) announced a $125 million stock repurchase from Prudential plc (NYSE: PUK) and Athene Co-Invest Reinsurance Affiliate 1A Ltd. This transaction forms part of a larger $300 million share buyback program. To date, approximately $185 million has been spent repurchasing 2,242,516 shares from Prudential and 1,134,767 shares from Athene. The repurchases are funded through cash reserves, with management retaining flexibility on future buybacks based on market conditions.
Jackson Financial Inc. (NYSE: JXN) has completed a $1.6 billion senior notes offering, divided into three tranches: $600 million of 1.125% notes due in 2023, $500 million of 3.125% notes due in 2031, and $500 million of 4.000% notes due in 2051. The proceeds will be utilized to repay the existing $1.6 billion term loan due on May 21, 2022. The offering was made to qualified institutional buyers under Rule 144A of the Securities Act, and Jackson plans to file a registration statement with the SEC for an exchange offer of the notes.
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