F&G annuities CEO Christopher Blunt buys $356,450 in company stock

Christopher O. Blunt, the Chief Executive Officer of F&G Annuities & Life, Inc. (NYSE:FG), recently acquired 10,000 shares of the company’s common stock. The transaction, completed on March 25, 2025, was executed at a weighted average price of $35.645 per share, amounting to a total purchase value of $356,450.

This acquisition increases Blunt’s direct ownership to approximately 839,584 shares. The shares were purchased under the company’s Employee Stock Purchase Plan (ESPP), which does not require ongoing reporting. The transaction details indicate that the shares were bought at prices ranging from $35.56 to $35.7999, with the reported price representing a weighted average. According to InvestingPro analysis, F&G maintains a "GOOD" overall financial health score, with particularly strong cash flow metrics.

This move by the CEO reflects a significant investment in the company, providing insight into the executive’s confidence in F&G Annuities & Life’s future performance.

In other recent news, F&G Annuities & Life, Inc. has announced a significant organizational change with the appointment of Conor Murphy as the new Chief Financial Officer, effective April 1, 2025. Murphy, who has held senior roles at Resolution Life US and Brighthouse Financial (NASDAQ:BHF), will replace Wendy Young, who transitions to Chief Liability Officer. Additionally, F&G Annuities completed a public offering of $375 million in junior subordinated notes due in 2065, intending to use the proceeds for general corporate purposes such as repurchasing or repaying outstanding debt. This financial move is part of the company’s broader strategy to manage capital and debt effectively.

Meanwhile, Fidelity National Financial (NYSE:FNF), Inc. declared a quarterly cash dividend of $0.50 per share, payable on March 31, 2025, to shareholders on record by March 17, 2025. This announcement underscores Fidelity National’s ongoing commitment to shareholder value and reflects its financial stability. Both F&G Annuities and Fidelity National Financial have made these announcements as part of their strategic planning and financial management efforts. These developments highlight the companies’ efforts in organizational restructuring and financial maneuvers to strengthen their market positions.

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