GNW - Dividend announcements

AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to "bb-" (Fair) from "b+" (Marginal) of Genworth Financial, Inc. (NYSE:GNW) and Genworth Holdings, Inc. (both domiciled in Delaware), as well their Long-Term Issue Credit Ratings (Long-Term IRs). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed list of the Long-Term IRs.) In addition, AM Best affirmed the Financial Strength Rating (FSR) of B- (Fair) and the Long-Term ICR of "bb-" (Fair) of Genworth Life and Annuity Insurance Company (GLAIC) (Richmond, VA). The outlook of these ratings has been revised to stable from negative. Additionally, AM Best has affirmed the FSR of C++ (Margin

AM Best has affirmed the Financial Strength Rating (FSR) of C++ (Marginal) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of "b+" (Marginal) of Genworth Life Insurance Company (GLIC) (Wilmington, DE) and Genworth Life Insurance Company of New York (GLICNY) (New York, NY). Additionally, AM Best has affirmed the Long-Term ICRs of "b+" (Marginal) of Genworth Financial, Inc. (NYSE:GNW) and Genworth Holdings, Inc. (both domiciled in Delaware) as well as their Long-Term Issue Credit Ratings (Long-Term IRs). The outlook of these Credit Ratings (ratings) is stable. In addition, AM Best has affirmed the FSR of B- (Fair) and the Long-Term ICR of "bb-" (Fair) of Genworth Life and Annuity Ins

Genworth Financial, Inc., (NYSE:GNW) today announced that Genworth Holdings, Inc. ("Holdings"), a directly wholly-owned subsidiary of Genworth Financial, Inc., successfully completed a consent solicitation from bondholders representing a majority in principal amount of its Senior Notes due 2034 (the "2034 Notes") to amend the Replacement Capital Covenant, dated as of November 14, 2006 (the "RCC Amendment") which permits Holdings to make certain repayments, redemptions or repurchases of its Fixed-to-Floating Rate Junior Subordinated Notes due 2066 (the "2066 Notes"). In connection with this transaction, Holdings repurchased $13.5 million principal amount of its 2034 Notes at prices negotiate

Genworth Financial, Inc. (NYSE:GNW) today announced that its Board of Directors authorized the company to repurchase an additional $350 million of shares of its Class A common stock under its existing share repurchase program. As of July 31, 2023, approximately 52 million shares of Class A common stock had been acquired at an aggregate purchase price of approximately $264 million since the inception of the company's share repurchase program in May 2022. After increasing the authorization, and as of July 31, 2023, an aggregate of approximately $436 million will be available for purchase under the program. "We are pleased to announce the expansion of our existing share repurchase program by

Genworth Financial, Inc. (NYSE:GNW) today announced that its Board of Directors has authorized a share repurchase program under which Genworth may repurchase up to $350 million of its outstanding Class A common stock. "The Board's decision to authorize a share repurchase program reflects the company's improved financial position and commitment to our strategic priorities including delivering shareholder returns," said Tom McInerney, Genworth's President and Chief Executive Officer. "We have entered a new chapter, and this announcement marks the first authorization to return capital to shareholders in over 13 years. We delivered outstanding financial performance over the last several quarte