Company also announces virtual annual
shareholder meeting date
CARMEL,
Ind., Feb. 12, 2025 /PRNewswire/ -- CNO
Financial Group, Inc. (NYSE: CNO) announced today that its Board of
Directors has approved an additional $500
million to repurchase the company's outstanding shares of
common stock. As of December 31, 2024, CNO had approximately
$240.3 million of remaining
repurchase capacity under its share repurchase program. The
repurchase program is intended to be implemented through purchases
made from time to time in the open market, through private
transactions or by a tender offer, in accordance with Securities
and Exchange Commission requirements. The amount and timing of the
repurchases (if any) will be based on business and market
conditions and other factors.
CNO also announced that its Board of Directors has declared a
quarterly cash dividend of $0.16 per
share on the company's common shares. The dividend will be payable
March 24, 2025, to shareholders of
record at the close of business on March 10,
2025.
Finally, the company announced that its annual meeting of
shareholders will be held via a virtual, live webcast at
8:00 a.m. ET on May 8, 2025. Holders of record at the close of
business on March 10, 2025, will be
able to participate in, vote, and submit questions during the
virtual meeting.
About CNO Financial Group
CNO Financial Group, Inc.
(NYSE: CNO) secures the future of middle-income America. CNO
provides life and health insurance, annuities, financial services,
and workforce benefits solutions through our family of brands,
including Bankers Life, Colonial Penn, Optavise and Washington
National. Our customers work hard to save for the future, and we
help protect their health, income and retirement needs with 3.2
million policies and $37.9 billion in total assets. Our
3,500 associates, 4,900 exclusive agents and more than 5,500
independent partner agents guide individuals, families, and
businesses through a lifetime of financial decisions. For more
information, visit CNOinc.com.
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SOURCE CNO Financial Group
