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RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE: LNC) and Bain Capital today shared the closing of their previously announced long-term strategic partnership agreement. The partnership was first announced by Lincoln and Bain Capital on April 9, 2025, and includes an $825 million strategic growth investment from Bain Capital, which acquired a 9.9% common equity stake on a post-issuance basis in Lincoln, and the establishment of a 10-year, non-exclusive strategic investment management relat.
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE: LNC) (the “Company”) today announced the pricing terms for its previously announced cash tender offer (the “Offer”) for its: 4.375% Senior Notes due 2050 (the “2050 Notes”); 4.350% Senior Notes due 2048 (the “2048 Notes”); Capital Securities due 2067 (the “2067 Securities”); Capital Securities due 2066 (the “2066 Securities”); Subordinated Notes due 2067 (the “2067 Subordinated Notes”); Subordinated Notes due 2066 (the “2066 Subordinated No.
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE: LNC) (the “Company”) today announced the early results of its previously announced cash tender offer (the “Offer”) for its: (i) 4.375% Senior Notes due 2050 (the “2050 Notes”); (ii) 4.350% Senior Notes due 2048 (the “2048 Notes”); (iii) Capital Securities due 2067 (the “2067 Securities”); (iv) Capital Securities due 2066 (the “2066 Securities”); (v) Subordinated Notes due 2067 (the “2067 Subordinated Notes”); (vi) Subordinated Notes due 206.
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation declared a quarterly cash dividend of $0.45 per share on the corporation's common stock. The dividend on the common stock will be payable August 1, 2025 to shareholders of record at the close of business on July 10, 2025. About Lincoln Financial Lincoln Financial helps people confidently plan for their vision of a successful financial future. As of December 31,.
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE: LNC), a leading provider of insurance, annuities, group benefits and retirement solutions, today announced the appointment of Tom Anfuso as Senior Vice President and Chief Technology Officer. Anfuso will provide strategic direction and vision for IT infrastructure at Lincoln, with a focus on anticipating and rapidly responding to current and evolving business needs, opportunities and trends. He will report directly to Jennifer Charters, Exe.
Lincoln National shares have recovered, gaining nearly 20% over the past year, driven by better-than-expected Q1 results and strategic financial actions. The sale of a 9.9% stake to Bain Capital for $825 million significantly strengthens LNC's balance sheet, accelerating its leverage reduction goals. Operating income rose by 14%, with strong annuity sales and improved group protection earnings, though the life insurance unit remains a drag.
Lincoln National's Q1 results gain from solid insurance premiums and a well-performing Group Protection segment, partly offset by an elevated expense level.
RADNOR, Pa.--(BUSINESS WIRE)--Today, Lincoln Financial (NYSE: LNC) announced the launch of Lincoln WealthBuilderSM ECV IUL, an accumulation-focused life insurance product designed with early cash value benefits for premium finance1 and business cases. It is the second product available as part of the company's new Elite Indexed Universal Life (IUL) Portfolio issued by The Lincoln National Life Insurance Company. “The opportunity to benefit from high early cash value is a powerful tool for busin.
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE: LNC) (the “Company”) today announced the commencement of a cash tender offer (the “Offer”) for the following: (i) 4.375% Senior Notes due 2050 (the “2050 Notes”), (ii) 4.350% Senior Notes due 2048 (the “2048 Notes”), (iii) Capital Securities due 2067 (the “2067 Securities”), (iv) Capital Securities due 2066 (the “2066 Securities”), (v) Subordinated Notes due 2067 (the “2067 Subordinated Notes”), (vi) Subordinated Notes due 2066 (collectivel.
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE:LNC) announced today that Lincoln National Corporation will hold its 2025 Annual Meeting of Shareholders (the “Annual Meeting”) on Thursday, May 22, 2025, at 9:00 a.m., Eastern Time, in a virtual meeting format via live audio webcast. As described in the company's proxy materials for the Annual Meeting, only shareholders as of the close of business on March 17, 2025, the meeting record date, are entitled to attend and participate in the Annu.