Fabricio Suarez Peña
Edited
$JXN (Jackson Financial Inc) Jackson Financial Inc. announces $750 million increase in common share repurchase authorization and also a cash dividend of $0.70 per share of common stock payable on September 5, 2024. This share buyback authorization is good news for investors since the share price is very undervalued. Summary of some second quarter results: - Adjusted operating earnings of $410 million, or $5.12 per diluted share compared to $283 million, or $3.34 per diluted share in the second quarter of 2023 - Returned $144 million to common shareholders in the second quarter of 2024 through $90 million of common share repurchases and $54 million in common dividends. - Increase of 9% in total annuity assets under management
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JXN
Jackson Financial Inc
90.31
-3.85 (-4.08%)
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