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Doka Celina J. Wang, a director at F&G Annuities & Life, Inc. (NYSE:FG), recently acquired 3,000 shares of the company’s common stock. The shares were purchased on March 25, 2025, at a weighted average price of $35.24 per share, amounting to a total transaction value of $105,720. This acquisition brings Wang’s total holdings to approximately 20,874 shares. The transaction was executed in multiple trades, with prices ranging from $35.23 to $35.27 per share. According to InvestingPro data, the company maintains a strong financial health score and appears undervalued based on its Fair Value analysis. Discover more insights and access the comprehensive Pro Research Report, part of InvestingPro’s coverage of 1,400+ US equities.
In other recent news, F&G Annuities & Life, Inc. has successfully completed a public offering of $375 million in junior subordinated notes due in 2065, with a 7.300% interest rate. The company plans to use the proceeds for general corporate purposes, including managing its outstanding debt. Meanwhile, Fidelity National Financial (NYSE:FNF), Inc. declared a quarterly cash dividend of $0.50 per share, payable to shareholders on record by mid-March. This announcement underlines Fidelity National’s ongoing commitment to providing shareholder value. Additionally, F&G Annuities announced significant organizational changes, appointing Conor Murphy as the new Chief Financial Officer effective April 2025. Murphy’s extensive background includes leadership roles at Resolution Life US and Brighthouse Financial (NASDAQ:BHF). His compensation package includes a base salary of $550,000, bonuses, and equity awards. These developments highlight F&G’s strategic planning efforts as the company positions itself in the market.
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