ACT - Genworth Financial: Fueling Value Creation

• Genworth has started returning capital to shareholders in the form of a $350m share repurchase plan.
• The return is just one manifestation of the solid progress Genworth has made over the last several years to secure the future for its shareholders.
• As time marches on, favorable progress across the business is expected to continue for Genworth. The company will, however, continue to face its share of uncertainty.
• Despite the risks, Genworth is currently on very solid footing, and should remain that way for the foreseeable future. Therefore, Genworth is a Buy with an increased Price Target of $5.10/sh.

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