Press release
Brighthouse Financial Announces Voluntary Sale Program
CHARLOTTE, N.C.--(BUSINESS WIRE)-- Brighthouse Financial, Inc. (“Brighthouse Financial” or the “company”) (Nasdaq: BHF) announced today that it will offer a
About this update from Brighthouse Financial, Inc.
[{"type":"text","content":" CHARLOTTE, N.C.--(BUSINESS WIRE)--\nBrighthouse Financial, Inc. (“Brighthouse Financial” or the “company”) (Nasdaq: BHF) announced today that it will offer a voluntary program through which stockholders owning fewer than 100 shares of Brighthouse Financial’s common stock, as of November 27, 2023, may sell all of their shares. This program allows eligible stockholders to sell their shares in a convenient and efficient manner and helps the company reduce administrative costs.\n\n\nBrighthouse Financial’s program will be independently administered by Georgeson LLC (“Georgeson”), a Computershare, Inc. company. Computershare Trust Company, N.A., the company’s transfer agent, will serve as paying agent for the program.\n\n\nStockholders participating in this program will be assessed a processing fee by Georgeson of $4.00 per share sold, with a maximum fee of $70.00 per account, to defray the costs of the program. Eligible stockholders will be informed of the program by mail starting today and have until February 2, 2024, to participate, unless the program is terminated or extended by the company. Shares held in the company’s employee benefit plans are excluded from this program.\n\n\nBrighthouse Financial will not buy any shares sold by its stockholders through, or otherwise participate in, this program. Neither Georgeson nor Brighthouse Financial is making any recommendation to stockholders regarding their participation in this voluntary program.\n\n\nBrighthouse Financial stockholders can call Georgeson at (800) 346-5458, or (781) 575-4580 for international calls, Monday to Friday, 8:00 a.m. to 6:30 p.m. Eastern Time, for additional information.\n\n\nNote Regarding Forward-Looking Statements\n\n\nThis news release and other oral or written statements that we make from time to time may contain information that includes or is based upon forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve substantial risks and uncertainties. We have tried, wherever possible, to identify such statements using words such as “anticipate,” “estimate,” “expect,” “project,” “may,” “will,” “could,” “intend,” “goal,” “target,” “guidance,” “forecast,” “preliminary,” “objective,” “continue,” “aim,” “plan,” “believe” and other words and terms of similar meaning, or that ar...