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MetLife Inc (MET.N)

MET.N on New York Stock Exchange

50.54USD
22 Sep 2017
Change (% chg)

$0.09 (+0.18%)
Prev Close
$50.45
Open
$50.14
Day's High
$50.94
Day's Low
$50.11
Volume
1,322,468
Avg. Vol
1,381,270
52-wk High
$58.09
52-wk Low
$42.84

Latest Key Developments (Source: Significant Developments)

Metlife Inc declares quarterly dividend of $0.25555555 per share
Tuesday, 15 Aug 2017 04:15pm EDT 

Aug 15 (Reuters) - Metlife Inc ::Metlife Inc - declared quarterly dividend of $0.25555555 per share on co's floating rate non-cumulative preferred stock, series A.  Full Article

MetLife to distribute to its common shareholders 96.8 mln of 119.8 mln Brighthouse Financial shares
Thursday, 3 Aug 2017 05:32pm EDT 

Aug 3 (Reuters) - Brighthouse Financial Inc :MetLife Inc - expects to distribute 96.8 million of 119.8 million shares of common stock of its unit, Brighthouse Financial Inc to MetLife common shareholders.MetLife - distribution to accomplish separation of Brighthouse from MetLife; certain MetLife affiliates hold MetLife common stock and will participate in distribution.  Full Article

Brighthouse Financial discloses amount of assets to be distributed to Metlife - SEC filing
Thursday, 3 Aug 2017 06:08am EDT 

Aug 3 (Reuters) - Brighthouse Financial Inc :Brighthouse financial says ‍on August 2, 2017, co disclosed that amount of assets to be distributed to Metlife - SEC filing.Co also anticipates increasing statutory reserves by about $400 million due to refinements in legacy actuarial models.Amount of assets to be distributed to Metlife will be about $3.0 billion.Assets distributed to metlife to resulting in cash payment of about $1.8 billion to be paid to Metlife prior to completion of spin-off.  Full Article

Metlife Q2 earnings per share $0.77
Wednesday, 2 Aug 2017 04:15pm EDT 

Aug 2 (Reuters) - Metlife Inc ::Metlife announces second quarter 2017 results.Q2 operating earnings per share $1.30.Q2 earnings per share $0.77.Q2 earnings per share view $1.28 -- Thomson Reuters I/B/E/S.Metlife Inc - qtrly total operating revenues $17,387‍​ million versus $16,955 million.Metlife Inc - qtrly as reported on an operating basis, net investment income was $4.9 billion, essentially unchanged from the prior-year period‍​.Metlife Inc - qtrly premiums, fees & other revenues were $12.6 billion, up 4 percent over the second quarter of 2016.Metlife Inc - ‍ quarter-end book value, excluding AOCI other than FCTA, was $51.03 per share, down 4 percent from $53.20 at June 30, 2016​.Metlife Inc - ‍brighthouse Financial spin-off is expected to be completed on august 4​.Metlife Inc - ‍remain on track with plan to return approximately $4.5 billion to shareholders this year in dividends and share repurchases​.  Full Article

Metlife to acquire Logan Circle Partners for $250 million
Friday, 7 Jul 2017 04:05pm EDT 

July 7 (Reuters) - Metlife Inc ::Metlife to acquire Logan Circle Partners, L.P..Metlife Inc - deal for $250 million in cash..Metlife Inc says under terms of agreement, Metlife will acquire 100 percent of fortress' ownership stake in Logan circle partners.Metlife Inc - transaction will not impact Metlife's existing $3 billion repurchase authorization, which is expected to be completed by year-end 2017.Metlife Inc - transaction expected to close in q3 of 2017.  Full Article

Metlife says U.S. SEC has declared Brighthouse Financial's registration statement on form 10 effective
Thursday, 6 Jul 2017 04:15pm EDT 

July 6 (Reuters) - Metlife Inc ::Metlife Inc - u.s. Securities and exchange commission (sec) has declared Brighthouse Financial, Inc.'s registration statement on form 10 effective.Metlife Inc - expects that on Aug 7, regular-way trading will commence on Nasdaq for Brighthouse Financial Inc common stock under symbol "bhf"​.Metlife - Nasdaq advised that Brighthouse Financial, common stock will begin trading on a "when-issued" basis under symbol "BHFWV" on Monday, July 17.Metlife - expects starting July 17, co's common stock to trade without right to receive Brighthouse Financial common stock dividend under "met wi.".  Full Article

MetLife board of directors approves spin-off of Brighthouse Financial
Thursday, 29 Jun 2017 04:15pm EDT 

June 29 (Reuters) - MetLife Inc ::MetLife board of directors approves spin-off of Brighthouse Financial.MetLife Inc says all state insurance regulatory approvals granted.MetLife Inc - subject to SEC's timely declaration that Brighthouse Financial's registration statement on form 10 is effective, record date will be July 19, 2017.MetLife - subject to SEC's timely declaration that Brighthouse Financial's registration statement on form 10 is effective, distribution date will be Aug. 4, 2017.  Full Article

Metlife issues $1.5 bln aggregate amount of 3.700 pct senior notes
Thursday, 22 Jun 2017 05:00pm EDT 

June 22 (Reuters) - Metlife Inc -:Metlife-Unit issued $1.5 billion aggregate amount of 3.700% senior notes due 2027, $1.5 billion aggregate amount of 4.700% senior notes due 2047 in private offering.Has initially guaranteed the notes on a senior unsecured basis.Metlife - if a unit's stock distribution event not occurred on/prior to Dec 31, 2017, it must redeem notes on tenth business day following Dec 31.  Full Article

Metlife Inc announces management changes
Thursday, 15 Jun 2017 08:00am EDT 

June 15 (Reuters) - Metlife Inc ::Metlife inc - announced a series of changes to its senior leadership ranks​.Metlife - Michel Khalaf to become President of U.S. Business while retaining role as president of EMEA; Marty Lippert to assume responsibility for Metlife Holdings.Metlife inc - Chief Risk Officer, Stan Talbi, will retire at end of august.Metlife inc - Ramy Tadros will join metlife in September as company's new chief risk officer.  Full Article

Metlife names Susan Podlogar Chief Human Resources Officer
Monday, 12 Jun 2017 11:00am EDT 

June 12 (Reuters) - Metlife Inc ::Metlife names new Chief Human Resources Officer.Named Susan Podlogar as Executive Vice President and Chief Human Resources Officer.Podlogar comes to Metlife from Johnson & Johnson.  Full Article

MetLife owes nurse full insurance amount despite missing info - 9th Circuit

A federal appeals court on Wednesday reversed a verdict for Metropolitan Life Insurance Co, ruling that the company owed a California nurse the full amount of a life insurance policy she took out on her husband.