Welcome to our dedicated page for Voya Financial news (Ticker: VOYA), a resource for investors and traders seeking the latest updates and insights on Voya Financial stock.
News and updates for Voya Financial, Inc. (NYSE: VOYA) focus on its activities as a retirement, employee benefits and investment management company. Company announcements highlight financial results, capital deployment decisions, product launches and initiatives that affect individual, workplace and institutional clients.
Investors following VOYA news will see regular earnings releases and related conference call details, including updates on segment performance in retirement, investment management and employee benefits. Voya also issues communications about share repurchase plans, common and preferred stock dividends, and preliminary information on assets under management and alternative investment income through Form 8-K filings and press releases.
Beyond financial metrics, Voya’s news flow includes developments in its retirement and wealth platforms and its investment management offerings. Recent announcements describe the launch of a retirement income guidance tool developed with SAVVI Financial for plan participants, the introduction of the WealthPath platform for Voya financial advisors in collaboration with Orion, and the launch of actively managed ETFs by Voya Investment Management. These items illustrate how Voya applies its retirement and asset management capabilities in practice.
Voya also publishes stories related to its community and education initiatives, such as the Voya Unsung Heroes program that provides grants to K–12 educators. These pieces offer additional context on the company’s presence in the education market and its foundation’s focus areas.
For readers tracking VOYA, this news page brings together company press releases and related coverage, offering a view into Voya’s financial reporting, capital actions, product and platform developments, and selected community programs. Investors and observers can use this stream of information to understand how Voya’s retirement, benefits and investment management businesses are evolving over time.
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Voya Financial (NYSE: VOYA) has successfully completed the acquisition of Benefit Strategies, LLC, a prominent third-party administrator specializing in health savings and spending accounts. This acquisition adds new capabilities and enhances Voya’s existing health and wealth solutions, benefiting over 3,400 employers and 370,000 participant accounts. Paul Smith, the CEO of Benefit Strategies, and his team of about 150 employees will integrate into Voya’s Health Solutions division, aligning with Voya’s growth strategy and commitment to workplace financial wellness.
On June 29, 2021, Voya Financial (NYSE:VOYA) declared a quarterly dividend of $0.165 per share, resulting in an adjustment of the exercise price for Warrants from $47.84 to $47.73. Additionally, the number of shares each Warrant is exercisable for has increased to 1.002324500, effective from the same date. Voya is recognized for its financial wellness solutions and had a revenue of $7.6 billion in 2020, with total assets of $729 billion as of March 31, 2021.
Centaurus Renewable Energy LLC has secured a $70 million construction bridge loan from Voya Investment Management for the Arroyo Solar & Storage Project in New Mexico. This funding will cover project equipment and construction costs. The project includes a 300MW-AC solar facility and a 150MW/600MWh battery storage system, with a 20-year power purchase agreement with Public Service Company of New Mexico. The initiative aims to replace power from the San Juan Generating Station, which is set to close in 2022.
Voya Financial (NYSE: VOYA) has introduced the Voya/RAM Focus Stable Value Fund, managed in collaboration with Ramirez Asset Management. This fund aims to offer distinct sector allocations and manager diversity to enhancing retirement security. It targets workplace retirement plans and focuses on delivering high-quality, diversified fixed income portfolios designed for optimal risk-adjusted returns. Featuring a dynamic sector allocation process and a rigorous security selection process, this new fund reflects over 70 years of combined investment experience from Voya IM and RAM.
Voya Financial (NYSE: VOYA) will host an investor day on November 15, 2021, in New York City and via a webcast starting at 1 p.m. ET. Senior management will discuss Voya's strategy, business performance, and financial results during the event. Further details regarding the webcast will be announced closer to the date. Voya Financial serves approximately 14.8 million clients and reported $7.6 billion in revenue for 2020. The company is recognized for its commitment to ethical business practices and workplace inclusivity.
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