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Athene Holding Ltd (ATH.N)

ATH.N on New York Stock Exchange

42.27USD
24 Jun 2019
Change (% chg)

$-0.31 (-0.73%)
Prev Close
$42.58
Open
$42.55
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$42.65
Day's Low
$42.09
Volume
342,889
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336,868
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$53.88
52-wk Low
$37.22

Latest Key Developments (Source: Significant Developments)

Bristol-Myers Squibb to transfer $3.8 bln in U.S. pension liabilities
Tuesday, 4 Dec 2018 

Dec 3 (Reuters) - Bristol-Myers Squibb Co ::BRISTOL-MYERS SQUIBB TO TRANSFER $3.8 BILLION IN U.S. PENSION LIABILITIES.BRISTOL-MYERS SQUIBB CO - PLAN HAS SUFFICIENT ASSETS TO SATISFY ALL TRANSACTION OBLIGATIONS; NO COMPANY CASH CONTRIBUTION EXPECTED.BRISTOL-MYERS SQUIBB CO - WILL TRANSFER $3.8 BILLION OF U.S. PENSION OBLIGATIONS THROUGH A FULL TERMINATION OF ITS U.S. RETIREMENT INCOME PLAN.BRISTOL-MYERS -ON PENSION LIABILITY TRANSFER TRANSACTION CLOSE IN Q3, EXPECTS NON-CASH PRE-TAX PENSION SETTLEMENT CHARGE OF ABOUT $1.5 BILLION - $2 BILLION.BRISTOL-MYERS SQUIBB CO - NON-GAAP PENSION RELATED INCOME CONTRIBUTING ABOUT $0.05 EPS IN 2018 IS NOT EXPECTED TO BE RECOGNIZED IN 2019.BRISTOL-MYERS SQUIBB - BENEFITS FROM TRANSFER OF U.S. PENSION LIABILITIES TO BE DISTRIBUTED THROUGH COMBINATION OF LUMP SUM PAYMENTS & PURCHASE OF GROUP ANNUITY CONTRACT FROM ATHENE.  Full Article

Athene Holding Q2 Adjusted Operating Earnings Per Share $1.48
Friday, 3 Aug 2018 

Aug 2 (Reuters) - Athene Holding Ltd ::. REPORTS SECOND QUARTER 2018 RESULTS.Q2 EARNINGS PER SHARE $1.33.Q2 EARNINGS PER SHARE VIEW $1.27 -- THOMSON REUTERS I/B/E/S.QTRLY ADJUSTED OPERATING EARNINGS PER SHARE $1.48.QTRLY TOTAL REVENUES $1,797 MILLION VERSUS $1,763 MILLION.  Full Article

Athene Holding Announces ALICNY & FAFLIC Agree To A Consent Order With The NYSDFS
Thursday, 28 Jun 2018 

June 28 (Reuters) - Athene Holding Ltd ::ATHENE HOLDING -ATHENE LIFE INSURANCE COMPANY OF NEW YORK & FIRST ALLMERICA FINANCIAL LIFE INSURANCE COMPANY AGREED TO CONSENT ORDER WITH NEW YORK DFS.  Full Article

Athene Holding Ltd. Announces Pricing Of Senior Notes
Wednesday, 10 Jan 2018 

Jan 9 (Reuters) - Athene Holding Ltd ::ATHENE HOLDING LTD - ‍ANNOUNCED PRICING OF $1.0 BILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 4.125% SENIOR NOTES DUE 2028​.ATHENE HOLDING LTD. ANNOUNCES PRICING OF SENIOR NOTES.  Full Article

Voya Financial To Sell Closed Block Variable Annuity And Fixed Indexed Annuities Businesses
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Voya Financial Inc ::VOYA FINANCIAL TO SELL CLOSED BLOCK VARIABLE ANNUITY AND FIXED INDEXED ANNUITIES BUSINESSES.VOYA FINANCIAL INC - ‍VOYA INTENDS TO REPURCHASE $1 BILLION OF COMMON STOCK BY JUNE 30, 2018​.VOYA FINANCIAL INC - ‍VOYA ENTERS DEAL WITH INVESTMENT CONSORTIUM LED BY APOLLO GLOBAL MANAGEMENT, CRESTVIEW PARTNERS AND REVERENCE CAPITAL PARTNERS​.VOYA FINANCIAL INC - ‍BASED ON TERMS OF AGREEMENT, VOYA ESTIMATES THAT TRANSACTION WILL RESULT IN APPROXIMATELY $1.1 BILLION OF VALUE​.VOYA FINANCIAL INC - ‍DEAL INCLUDES BENEFIT OF A $400 MILLION CEDING COMMISSION PAID BY ATHENE FOR VOYA'S FIXED AND FIXED INDEXED ANNUITIES BUSINESS​.VOYA FINANCIAL INC - ‍DOES NOT EXPECT THAT TRANSACTION WILL HAVE A SIGNIFICANT IMPACT ON NET PRESENT VALUE OF ITS DEFERRED TAX ASSETS​.VOYA FINANCIAL INC - ‍TO ACHIEVE TARGETED ANNUAL RUN-RATE COST SAVINGS, VOYA WILL INCUR CERTAIN RESTRUCTURING EXPENSES​.VOYA FINANCIAL - ‍RESTRUCTURING EXPENSES WILL BE CLASSIFIED AS NON-OPERATING ITEMS, ARE NOT REFLECTED IN CO'S RUN-RATE COST SAVINGS ESTIMATES FOR 2018​.VOYA FINANCIAL - ‍AS A RESULT OF EXIT FROM INDIVIDUAL ANNUITIES BUSINESS, CO TO CONDUCT STRATEGIC REVIEW OF INDIVIDUAL LIFE BUSINESS DURING H1 2018​.VOYA FINANCIAL INC - VIAC WILL BE ACQUIRED BY VENERABLE HOLDINGS, A NEWLY FORMED INVESTMENT VEHICLE OWNED BY A CONSORTIUM OF INVESTORS.VOYA FINANCIAL INC - ‍AFTER COMPLETING TRANSACTION, VOYA EXPECTS ANNUAL FREE CASH FLOW OF BETWEEN $600 AND $700 MILLION​.  Full Article

Abu Dhabi Investment Authority Reports 5.6 Pct Stake In Athene Holding Ltd
Tuesday, 19 Dec 2017 

Dec 18 (Reuters) - Athene Holding Ltd ::ABU DHABI INVESTMENT AUTHORITY REPORTS 5.6 PERCENT STAKE IN ATHENE HOLDING LTD AS ON DEC 8 - SEC FILING.  Full Article

Athene Holding says Under Pension Buyout Agreement With Millercoors, Co's Unit Will Issue Group Annuity Contract To Millercoors​
Saturday, 2 Dec 2017 

Dec 1 (Reuters) - Athene Holding Ltd ::ATHENE HOLDING LTD - ‍ UNDER PENSION BUYOUT AGREEMENT WITH MILLERCOORS, CO'S UNIT WILL ISSUE A GROUP ANNUITY CONTRACT TO MILLERCOORS​.ATHENE HOLDING LTD - ‍ UNDER AGREEMENT WITH MILLERCOORS, UNIT WILL ISSUE INDIVIDUAL ANNUITY CERTIFICATES TO APPLICABLE RETIREES AND BENEFICIARIES​.ATHENE HOLDING - ‍ ATHENE ANNUITY AND LIFE COMPANY WILL HAVE DIRECT PAYMENT RESPONSIBILITY FOR ALL LIABILITIES COVERED IN TRANSACTION WITH MILLERCOORS​.  Full Article

MillerCoors Purchases Group Annuity Contract to Secure Pension Benefits
Saturday, 2 Dec 2017 

Dec 1 (Reuters) - Molson Coors Brewing Co :MOLSON COORS BREWING CO - CO' UNIT MILLERCOORS LLC, CLOSED ON AN AGREEMENT TO PURCHASE A GROUP ANNUITY CONTRACT FROM ATHENE ANNUITY AND LIFE COMPANY.MOLSON COORS BREWING - STARTING MAY 1, 2018, ATHENE WILL BEGIN MAKING BENEFIT PAYMENTS TO PLAN PARTICIPANTS ALONG WITH PROVIDING ADMINISTRATIVE SERVICES.MOLSON COORS BREWING CO - BY TRANSFERRING PENSION OBLIGATIONS TO ATHENE, MILLERCOORS WILL REDUCE PENSION PROJECTED BENEFIT OBLIGATION BY OVER $900 MILLION.MOLSON COORS BREWING CO - UNDER DEAL PLAN PARTICIPANTS WILL RECEIVE SAME MONTHLY BENEFIT THEY WERE PREVIOUSLY RECEIVING FROM PLAN.MOLSON COORS BREWING-UNDER AGREEMENT, ATHENE WILL ASSUME FROM MILLERCOORS PENSION PLAN OBLIGATIONS TO PAY FUTURE PENSION BENEFITS.  Full Article

Athene Holding Ltd. reports third quarter 2017 results
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - Athene Holding Ltd :Athene Holding Ltd. reports third quarter 2017 results.Q3 earnings per share $1.39.Q3 earnings per share view $1.17 -- Thomson Reuters I/B/E/S.Athene Holding Ltd qtrly ‍oper class a earnings per share $1.18.Athene Holding Ltd qtrly ‍total revenues $1,473 million versus $1,272 million ​.  Full Article

UPDATE 1-New York state regulator investigating pension transfer deals -sources

(Adds comment from Athene) By Suzanne Barlyn May 23 New York state's financial regulator has subpoenaed four insurance brokers as part of a broad investigation into an industry in which life insurers take over corporate pension plans from companies that want to offload them, according to two people familiar with the matter. At issue is whether brokers, who help put such deals together, solicited insurers who are not licensed in New York to take on the pension transfers,