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Stock impact report

Fidelity National Reshapes Structure As F&G Stake Supports Undervalued Shares [Yahoo! Finance]

Fidelity National Financial, Inc. (FNF) 
Last fidelity national financial, inc. earnings: 4/22 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.fnf.com
Company Research Source: Yahoo! Finance
Fidelity National Financial completed a special distribution of shares in its F&G Annuities & Life subsidiary following a major corporate restructuring. The company retained a significant ownership stake in F&G Annuities & Life after the transaction. The move reshapes the corporate structure of NYSE:FNF and separates part of its annuities and life insurance business from its core title operations. For you as an investor, the key reference point is that NYSE:FNF now trades at $54.39 after this restructuring, with a 42.8% return over 3 years and 84.1% over 5 years. That performance reflects a business that has historically been closely tied to real estate activity, while F&G Annuities & Life focuses on retirement and life products. This corporate reshuffle may influence how you think about where FNF's earnings come from over time and how its risk profile is shaped. The retained stake in F&G means the market may pay closer attention to how these two parts of the business interac Show less Read more
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