By Dean Seal
Jackson Financial said its board authorized a $1 billion increase to the financial-services provider's existing share-repurchase program.
The Lansing, Mich., company said Thursday that the boost stacks on top of $208 million remaining in the previous buyback authorization.
The lift underscores the board's confidence in Jackson's capital generation and the long-term strength of the business, Chief Executive Laura Prieskorn said.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
September 18, 2025 16:59 ET (20:59 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.