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
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US:NYSE Investor Relations:
lfg.com/public/aboutus/investorrelations&audience_page_id=1422918942386
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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
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News
- Lincoln National Corporation investors: Please contact the Portnoy Law Firm to recover your losses; June 21, 2024 deadline.GlobeNewswire
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- Shareholders that lost money on Lincoln National Corporation(LNC) should contact Levi & Korsinsky about pending Class Action - LNCGlobeNewswire
- Levi & Korsinsky Notifies Shareholders of Lincoln National Corporation(LNC) of a Class Action Lawsuit and an Upcoming DeadlineAccesswire
- LNC Investors Have Opportunity to Lead Lincoln National Corporation Securities Fraud LawsuitPR Newswire
LNC
Earnings
- 5/2/24 - Miss
LNC
Sec Filings
- 5/15/24 - Form 8-K
- 5/9/24 - Form 4
- 5/9/24 - Form 4
- LNC's page on the SEC website