Brighthouse Financial Leadership Will Ring Opening Bell at Nasdaq
MarketSite and Will Ring Closing Bell at Brighthouse Financial
Headquarters in Charlotte, NC
CHARLOTTE, N.C.--(BUSINESS WIRE)--Aug. 7, 2017--
Brighthouse Financial, Inc. (Brighthouse Financial) (NASDAQ: BHF) today
announced that the separation from MetLife, Inc. (NYSE: MET) was
completed on Friday, Aug. 4, 2017, and Brighthouse Financial is now an
independent, publicly traded company on the Nasdaq Stock Market under
the symbol “BHF.”
Brighthouse Financial is a major U.S. provider of annuity and life
insurance solutions with $219 billion of total assets and over 2.7
million annuity contracts and life insurance policies in-force. Through
its relationships with more than 400 distribution partners, Brighthouse
Financial aims to help people achieve financial security by offering
annuity and life insurance solutions that can play an essential role in
a financial plan.
To mark the completion of the separation and the first day of trading,
Brighthouse Financial President and CEO Eric Steigerwalt; the
Brighthouse Financial leadership team; the Brighthouse Financial Board
of Directors; and MetLife Chairman, President and CEO Steve Kandarian
will ring the Opening Bell at the Nasdaq MarketSite in Times Square in
New York City on Aug. 7, 2017, at 9:30 a.m. EDT. Steigerwalt and
Brighthouse Financial associates also plan to ring the Nasdaq Closing
Bell on Aug. 7, 2017, at 4 p.m. EDT from the Brighthouse Financial
headquarters in Charlotte, NC. The broadcasts of the Opening and Closing
Bell ceremonies can be viewed live at https://livestream.com/nasdaq/live.
“We are thrilled that Brighthouse Financial has reached this milestone,
and thank all of our associates at Brighthouse Financial for their hard
work and dedication as we move forward,” Eric Steigerwalt said. “As a
financially strong, independent company, we believe Brighthouse
Financial is well positioned to deliver simpler, more transparent
annuity and life insurance solutions that are valuable to our
distribution partners, the clients they serve, and our shareholders.”
FORWARD-LOOKING STATEMENTS
This press release may contain information that includes or is based
upon forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements
give expectations or forecasts of future events. These statements can be
identified by the fact that they do not relate strictly to historical or
current facts. They use words such as “anticipate,” “estimate,”
“expect,” “project,” “intend,” “plan,” “believe” and other words and
terms of similar meaning, or are tied to future periods, in connection
with a discussion of future operating or financial performance. In
particular, these include statements relating to future actions,
prospective services or products, future performance or results of
current and anticipated services or products, sales efforts, expenses,
the outcome of contingencies such as legal proceedings, trends in
operations and financial results.
Any or all forward-looking statements may turn out to be wrong. They can
be affected by inaccurate assumptions or by known or unknown risks and
uncertainties. Many such factors will be important in determining the
actual future results of Brighthouse Financial, its subsidiaries and
affiliates. These statements are based on current expectations and the
current economic environment. They involve a number of risks and
uncertainties that are difficult to predict. These statements are not
guarantees of future performance. Actual results could differ materially
from those expressed or implied in the forward-looking statements.
Risks, uncertainties, and other factors that might cause such
differences include the risks, uncertainties and other factors
identified in the Preliminary Information Statement of Brighthouse
Financial, Inc., subject to completion, dated June 30, 2017 included as
Exhibit 99.1 to Amendment No. 5 to our Registration Statement on Form
10, filed with the U.S. Securities and Exchange Commission (the “SEC”)
on June 30, 2017 and in our subsequent reports on Form 10-K and Form
10-Q, including in the sections thereof captioned “Forward-Looking
Statements” and “Risk Factors”, and in our subsequent reports on Form
8-K. Brighthouse Financial does not undertake any obligation to publicly
correct or update any forward-looking statement if Brighthouse Financial
later becomes aware that such statement is not likely to be achieved.
Please consult any further disclosures Brighthouse Financial makes on
related subjects in reports to the SEC.
About Brighthouse Financial
Brighthouse Financial (NASDAQ: BHF) is a major provider of annuities and
life insurance in the U.S. with over 2.7 million annuity contracts and
insurance policies in-force. Established by MetLife, our mission is to
help people achieve financial security by offering essential annuity and
life insurance solutions designed to protect what they have earned and
help ensure it lasts. Learn more at www.brighthousefinancial.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170807005454/en/
Source: Brighthouse Financial, Inc.
For Brighthouse Financial, Inc.
MEDIA
Meghan Lantier,
980-949-4142
mlantier@brighthousefinancial.com
or
Tim
Miller, 704-497-6892
tim.w.miller@brighthousefinancial.com
or
Kate
Dillon, 212-279-3115 x115
kdillon@prosek.com
or
INVESTORS
David
Rosenbaum, 980-949-3326
david.rosenbaum@brighthousefinancial.com