Your email has been successfully added to our mailing list.

×
0.000173822353554756 0 0.000521467060664021 0.00504084825308533 0.00747436120285068 0.00382409177820266 0.00521467060664009 0.00712671649574142
Stock impact report

Lincoln Financial Group Completes Sale of Wealth Management Business to Osaic, Inc. [Yahoo! Finance]

Lincoln National Corporation (LNC) 
Last lincoln national corporation earnings: 2/5 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
business, including all ownership interests in the Lincoln subsidiary entities comprising that business, to Osaic, Inc. (Osaic), one of the nation's largest providers of wealth management solutions. The sale provides Lincoln with approximately $650 million of capital benefit, which the company will primarily use to increase its risk-based capital ratio. Lincoln also plans to use a portion of the capital benefit to reduce its leverage ratio. "Lincoln is focused on continuing to execute on our enterprise strategic pillars, leverage our core strengths to grow our individual insurance solutions and workplace solutions businesses, and deliver long-term value for all of our stakeholders," said Ellen Cooper, Chairman, President and CEO of Lincoln Financial Group. "We look forward to our long-term strategic partnership with Osaic as we continue to provide financial professionals with products and solutions that will help them best serve their clients." Lincoln first announced its definiti Show less Read more
Impact Snapshot
Event Time:
LNC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for LNC alerts
Opt-in for
LNC alerts

from News Quantified
Opt-in for
LNC alerts

from News Quantified