Edition:
United States

Key Developments: Voya Financial Inc (VOYA.N)

VOYA.N on New York Stock Exchange

32.47USD
29 Apr 2016
Change (% chg)

$0.08 (+0.25%)
Prev Close
$32.39
Open
$32.21
Day's High
$32.53
Day's Low
$31.64
Volume
1,259,824
Avg. Vol
721,477
52-wk High
$48.27
52-wk Low
$25.75

Search Stocks

Latest Key Developments (Source: Significant Developments)

Voya Financial Inc board approves additional $700 mln share buyback
Wednesday, 10 Feb 2016 06:01am EST 

Voya Financial Inc:Says board of directors authorizes an additional $700 million of share repurchases.  Full Article

Voya Financial Inc declares fourth quarter 2015 common stock dividend
Thursday, 29 Oct 2015 06:50pm EDT 

Voya Financial Inc:Declared a common stock dividend of $0.01 per share for the fourth quarter of 2015.Dividend is payable on December 30, 2015 to shareholders of record as of November 27, 2015.  Full Article

Voya financial enters into agreement with RGA on Block of Term Life Policies
Thursday, 10 Sep 2015 08:30am EDT 

Voya Financial Inc:Announces that it has entered into an agreement to sell via reinsurance an in-force block of about 155,000 term life insurance policies to Reinsurance Group of America, Incorporated.Says Voya Financial will continue to administer and service the policies, which represent about $90 billion of life insurance in force backed by about $1.4 billion of statutory reserves as of June.  Full Article

Voya Financial declares third quarter 2015 common stock dividend
Thursday, 30 Jul 2015 06:17pm EDT 

Voya Financial Inc:Declares a common stock dividend of $0.01 per share.Payable on Sept. 30 to shareholders of record as of Aug. 31.  Full Article

Voya Financial announces management change - Form 8k
Wednesday, 8 Jul 2015 06:05am EDT 

Voya Financial Inc:Announces its intention for Mark B. Kaye, currently the chief financial officer for the company’s retirement and annuities businesses, to succeed Pierson as chief accounting officer and controller.Says on July 7 the company announced that Kaye has decided to resign from the company.  Full Article

Voya Financial declares second quarter 2015 common stock dividend
Thursday, 30 Apr 2015 04:05pm EDT 

Voya Financial:Declares a common stock dividend of $0.01 per share for the second quarter of 2015.Payable on June 30 to shareholders of record as of May 29.  Full Article

Voya Financial announces outcome of secondary common stock offering by ING Group
Wednesday, 4 Mar 2015 09:15am EST 

Voya Financial:Agreed to sell about 32.0 mln shares of Voya Financial common stock at a price of $44.20 per share to the underwriters in its previously announced underwritten public offering.Voya Financial will not be issuing or selling common stock, and will not receive any proceeds from the offering.In connection with the public offering, Voya Financial has also agreed to repurchase from ING Group an additional about 13.6 mln shares of its common stock for an aggregate purchase price of $600 million.Says the per-share price to be paid by Voya Financial is $44.12.In total, ING Group is selling 45.6 mln shares of Voya Financial common stock, and will thereby fully exit its about 19 pct stake in Voya Financial common stock immediately following the closing of the transactions.ING Group will continue to hold warrants that are exercisable for 26,050,846 shares of Voya Financial common stock at an exercise price of $48.75, in each case subject to adjustments.Following the completion of the direct share repurchase, Voya Financial will have about $161 mln remaining under its current share repurchase authorization.Citigroup and BofA Merrill Lynch are acting as joint book-running managers and underwriters for the offering.Closing of the public offering and of the direct share repurchase are expected to occur on March 9, subject to a number of closing conditions.  Full Article

ING Groep NV to sell remaining stake in Voya Financial Inc
Tuesday, 3 Mar 2015 04:36pm EST 

ING Groep NV:To sell shares of common stock of Voya Financial Inc in an underwritten public offering.In addition, ING Group has entered into a share repurchase agreement with Voya under which Voya will repurchase $600 million of its shares of common stock from ING Group.Price per share payable by Voya as part of the share repurchase will be the same as the price paid by the underwriters to ING Group as part of the underwritten offering.Offering and the repurchase will result in the sale of the total of 45.6 mln shares which will reduce ING Group's stake in Voya at the completion of the transactions to zero from the 18.9 pct currently held.  Full Article

Voya Financial Inc announces secondary common stock offering by ING Group
Tuesday, 3 Mar 2015 04:29pm EST 

Voya Financial Inc:Enters into an agreement with a syndicate of underwriters to sell Voya Financial common stock in an underwritten public offering.Says it will not be issuing or selling common stock, and will not receive any proceeds from the offering.Entered into a share repurchase agreement with ING Group pursuant to which Voya Financial will repurchase directly from ING Group shares of Voya Financial common stock for an aggregate purchase price of $600 million.Expects to fund the direct share repurchase using cash on hand.Total number of shares of Voya Financial common stock to be sold by I`NG Group, including both the underwritten public offering and shares repurchased by Voya Financial, is expected to equal 45.6 million shares.  Full Article

Voya Financial Inc launches Voya Life Journey Mobile Selling System
Monday, 9 Feb 2015 08:45am EST 

Voya Financial Inc:Says that its Insurance Solutions business has launched Voya Life Journey, a tablet-based mobile selling system designed to help agents educate consumers about the value of life insurance as part of a holistic approach to retirement readiness.  Full Article

BRIEF-Voya Financial CEO Rodney Martin, Jr's FY 2015 total compensation $11.2 million

* CEO Rodney Martin, Jr's FY 2015 total compensation was $11.2 million versus $8.7 million in FY 2014 - SEC filing

Search Stocks