Jackson announces $1B increase to common share repurchase authorization
Sep 18, 8:27 PM
JXN
- Jackson Financial has announced a $1 billion increase to its existing common share repurchase authorization.
- This new enhancement adds to the remaining $208 million authorization, which is set to remain valid until August 31, 2025.
- The company's actions indicate a positive outlook and confidence in its financial prospects.
- The decision to broaden share repurchase reflects a commitment to returning value to shareholders.
Recommendation Rating: Positive Outlook for Jackson Financial
On Thursday, Jackson Financial (NYSE: JXN) revealed a $1 billion enhancement to its current common share repurchase authorization. This increase supplements the remaining authorization amount of $208 million, which is valid until August 31, 2025. Source: Press Release