Voya Financial Inc Stock Price, News & Analysis

On Dec. 29, 2022, Voya Financial, Inc. (NYSE: VOYA) declared a quarterly dividend of $0.20 per share on its common stock. Following this, the exercise price of the Warrants has been adjusted from $47.07 to $46.94 per share, effective Dec. 30, 2022. Additionally, the number of shares each Warrant can purchase has been adjusted to 1.038661602. Voya serves approximately 14.3 million clients and manages $711 billion in assets as of Sept. 30, 2022.

Voya Financial (NYSE: VOYA) celebrates the passing of the SECURE 2.0 Act of 2022 by Congress, pending the president's signature. The bill aims to enhance retirement plan access for individuals, particularly employees of small businesses. Key features include automatic enrollment in 401(k) plans, a start-up credit for small business plans, and innovative provisions for student loan repayments. Voya's internal data shows that 82% of Americans believe the government should prioritize equal retirement savings access, aligning with the bill's objectives.

Voya Financial (NYSE: VOYA) has been retained as the recordkeeper and service provider for the Bass Pro Group, LLC, 401(k) Retirement Savings Plan, serving over 10,000 individuals. This partnership, which began four years ago, enables Voya to provide enhanced support including educational tools, personalized enrollment guidance, and analytics to promote financial wellness. Voya's commitment to deliver innovative solutions aligns with its mission to secure financial futures for all Americans, evidenced by its substantial assets under management of $711 billion as of September 30, 2022.

Voya Investment Management has been named one of the "2022 Best Places to Work in Money Management" by Pensions & Investments, ranking fourth among firms with 500 to 999 employees. This marks the eighth consecutive year Voya IM has received this recognition. The company has recently completed several key transactions to further its growth, aiming to enhance its global reach and develop innovative investment products. Voya Financial was also featured in Fortune’s list of “Best Workplaces in Financial Services & Insurance” earlier this year.

Voya Cares® and the National Down Syndrome Society (NDSS) are awarding a $10,000 grant to entrepreneur Kevin Davis, owner of Mind Body Botanicals, to support his business aimed at providing accessible moisturizing products for individuals with limited mobility. The grant highlights the collaboration between Voya and NDSS to empower entrepreneurs with Down syndrome. Davis plans to use the funds for marketing and inventory expansion, showcasing his commitment to inclusivity and community impact.

Voya Financial (NYSE: VOYA) will participate in the Goldman Sachs U.S. Financial Services Conference on December 7, 2022, at 1:00 p.m. ET. Key executives including Rodney O. Martin, Jr., Heather Lavallee, and Michael Katz will represent the company. Interested parties can access the live webcast here. Voya is a leading health, wealth, and investment company with $711 billion in assets under management as of September 30, 2022.