Lincoln Financial wraps up tender offer for preferred shares at $461.8M

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Go back to Lincoln Financial wraps up tender offer for preferred shares at $461.8M

Lincoln Financial Announces Expiration and Results of Cash Tender Offers for Its Series C and Series D Depositary Shares

September 9, 2026 8:00 AM EDT

RADNOR, Pa.--(BUSINESS WIRE)-- Lincoln Financial (NYSE: LNC) today announced the expiration and results of the previously announced concurrent but separate tender offers (each, an Offer and, together, the Offers) by Lincoln National Corporation (the Company) to purchase for cash up to $500 million in aggregate Liquidation Preference (as defined below) (such amount, the Maximum Aggregate Liquidation Preference) of its outstanding depositary shares, representing fractional interests in certain series of its preferred stock, listed in the table below (collectively, the Depositary Shares, and each series of Depositary Shares, a series of Depositary Shares). The Offers were made solely... More