BHF - Brighthouse Financial launches new share repurchase program

Brighthouse Financial (BHF) authorized the repurchase of up to $200M which is besides the $500M repurchase program announced in Feb.2020 wherein $53M is remaining as of Feb.9, 2021."Assuming full utilization of this new program and our February 2020 program, we will have repurchased $1.3B of our common stock, which would represent more than 85% of our goal to return $1.5B of capital to our shareholders by year-end 2021," president & CEO Eric Steigerwalt commented.Shares trading 1.8% down after hours.

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Brighthouse Financial launches new share repurchase program