Jackson Announces Third Quarter 2024 Common and Preferred Stock Dividends and $750 Million Increase to Common Share Repurchase Authorization
The Company also announced the declaration of a cash dividend of
In addition, Jackson’s Board has authorized an increase of
Repurchases under the authorization may be made through open market purchases, unsolicited or solicited privately negotiated transactions, or in such other manner and at such times as management determines to be in compliance with applicable legal requirements. The number of common shares to be repurchased and the timing of such transactions will depend on a variety of factors, including market conditions. The Company reserves the right to amend or terminate the authorization at any time in its discretion.
ABOUT JACKSON
Jackson® (NYSE: JXN) is committed to helping clarify the complexity of retirement planning—for financial professionals and their clients. Through our range of annuity products, financial know-how, history of award-winning service* and streamlined experiences, we strive to reduce the confusion that complicates retirement planning. We take a balanced, long-term approach to responsibly serving all our stakeholders, including customers, shareholders, distribution partners, employees, regulators and community partners. We believe by providing clarity for all today, we can help drive better outcomes for tomorrow. For more information, visit www.jackson.com.
*SQM (
Jackson® is the marketing name for
WEBSITE INFORMATION
Visit investors.jackson.com to view information regarding
SAFE HARBOR STATEMENT
The information in this press release contains forward-looking statements about future events and circumstances and their effects upon revenues, expenses and business opportunities. Generally speaking, any statement in this release not based upon historical fact is a forward-looking statement. Forward-looking statements can also be identified by the use of forward-looking or conditional words, such as “could,” “should,” “can,” “continue,” “estimate,” “forecast,” “intend,” “look,” “may,” “will,” “expect,” “believe,” “anticipate,” “plan,” “remain,” “confident” and “commit” or similar expressions. In particular, statements regarding plans, strategies, prospects, targets and expectations regarding the business and industry are forward-looking statements. They reflect expectations, are not guarantees of performance and speak only as of the dates the statements are made. We caution investors that these forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially from those projected, expressed or implied. Factors that could cause actual results to differ materially from those in the forward-looking statements include those reflected in Part I, Item 1A. Risk Factors and Part II, Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations in our Annual Report on Form 10-K for the year ended
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Media Contact:
patrick.rich@jackson.com
Investor Relations Contact:
andrew.campbell@jackson.com
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