Brighthouse Financial (BHF) Announces $1 Billion Stock Repurchase Program

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Go back to Brighthouse Financial (BHF) Announces $1 Billion Stock Repurchase Program

Brighthouse Financial Announces $1 Billion Stock Repurchase Program

August 5, 2021 4:15 PM EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)--

Brighthouse Financial, Inc. ("Brighthouse Financial" or the "company") (Nasdaq: BHF) announced today that it has authorized the repurchase of up to $1 billion of its common stock. The stock repurchase program is in addition to the $200 million stock repurchase authorization announced by the company in February 2021, under which $34 million remains as of August 4, 2021.

We are pleased to announce this new authorization as it reflects our financial strength, positions us to achieve our goal of returning $1.5 billion to our... More