Brighthouse Financial launches voluntary sale program

Oct. 25, 2021 4:40 AM ETBrighthouse Financial, Inc. (BHF)By: Meghavi Singh, SA News Editor6 Comments
  • Brighthouse Financial (NASDAQ:BHF) initiated a voluntary sale program through which eligible holders owning fewer than 100 shares of Brighthouse Financial’s common stock, as of October 7, 2021, may sell all of their shares.
  • This program will benefit securityholders to sell their shares in a convenient and efficient manner, and helps the company reduce administrative costs.
  • Shares held in the company’s employee benefit plans are excluded from this program.
  • The program will be independently administered by Georgeson LLC, a Computershare, Inc. company.
  • The program will run starting October 25, 2021, and will have until January 7, 2022, unless otherwise extended.
  • The company will not buy any shares sold by its stockholders through, or otherwise participate in, this program.

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