GBAF Logo
Business

Prudential to complete Jackson Financial spin-off next month

Published by maria gbaf

Posted on August 30, 2021

1 min read

· Last updated: February 14, 2026

Add as preferred source on Google
Prudential logo with stock market chart illustrating Jackson Financial spin-off - Global Banking & Finance Review
This image features the Prudential logo alongside a stock market chart, symbolizing the upcoming spin-off of Jackson Financial, a key event in the banking and finance sector.
insurance financial services investment
Global Banking & Finance Awards 2026 — Call for Entries

(Reuters) – British insurer Prudential Plc said on Friday shareholders approved the demerger of its U.S. business Jackson Financial, which is expected to be completed on Sept. 13, after it postponed the spin-off earlier this year. After the demerger, which was announced last year following pressure from activist investor Third Point, Jackson’s class A common stock will […]

Prudential Set to Finalize Jackson Financial Spin-Off Next Month

(Reuters) – British insurer Prudential Plc said on Friday shareholders approved the demerger of its U.S. business Jackson Financial, which is expected to be completed on Sept. 13, after it postponed the spin-off earlier this year.

After the demerger, which was announced last year following pressure from activist investor Third Point, Jackson’s class A common stock will begin regular-way trading on the New York Stock Exchange from Sept. 20, Prudential said.

(Reporting by Priyanshi Mandhan in Bengaluru; Editing by Amy Caren Daniel)

Frequently Asked Questions

When is Prudential expected to complete the spin-off?
The spin-off of Jackson Financial is expected to be completed on September 13.
What prompted the demerger of Jackson Financial?
The demerger was announced last year following pressure from activist investor Third Point.
Where will Jackson's class A common stock begin trading?
After the demerger, Jackson's class A common stock will begin regular-way trading on the New York Stock Exchange.

Tags

Related Articles

Image for Price Isn’t Everything: Payment Options a Deciding Factor for B2B Buyers in Europe

Price Isn’t Everything: Payment Options a Deciding Factor for B2B Buyers in Europe

Image for The Optionality Trap—Why Too Much Flexibility Is Slowing Business Decisions

The Optionality Trap—Why Too Much Flexibility Is Slowing Business Decisions

Image for Why More Choices Are Slowing Businesses Down

Why More Choices Are Slowing Businesses Down

Image for Why More Output Isn’t Translating Into Better Results

Why More Output Isn’t Translating Into Better Results

Image for The Reversibility Problem—Why Businesses Hesitate Even When They Know the Answer

The Reversibility Problem—Why Businesses Hesitate Even When They Know the Answer

Image for The Alignment Illusion—Why Companies Agree on Strategy but Fail in Execution

The Alignment Illusion—Why Companies Agree on Strategy but Fail in Execution

More from Business

Explore more articles in the Business category

Image for Attention Is the New Competitive Advantage
Attention Is the New Competitive Advantage
Image for The Quiet Strategy Separating Winning Businesses From the Rest
The Quiet Strategy Separating Winning Businesses From the Rest
Image for The One Habit That Separates Growing Businesses from the Rest
The One Habit That Separates Growing Businesses from the Rest
Image for The Overlooked Edge That Matters More Than Strategy
The Overlooked Edge That Matters More Than Strategy
Image for The Hidden Pattern Behind Business Success
The Hidden Pattern Behind Business Success
Image for The Power of Pricing: How Smart Pricing Strategies Drive Profitability and Growth
The Power of Pricing: How Smart Pricing Strategies Drive Profitability and Growth
Image for Why Customer Experience Now Defines Success
Why Customer Experience Now Defines Success
Image for The New Cost Playbook: Why Strategic Spending Matters More Than Cutting Costs
The New Cost Playbook: Why Strategic Spending Matters More Than Cutting Costs
Image for The Trust Economy: Why Credibility and Transparency Are Driving Business Success
The Trust Economy: Why Credibility and Transparency Are Driving Business Success
Image for The Hidden Profit Engine: Why Operational Efficiency Is Redefining Business Performance
The Hidden Profit Engine: Why Operational Efficiency Is Redefining Business Performance
Image for Built to Withstand: Why Resilience Is Now the Foundation of Sustainable Business Growth
Built to Withstand: Why Resilience Is Now the Foundation of Sustainable Business Growth
Image for The Agility Imperative: How Fast-Moving Businesses Are Outpacing the Competition
The Agility Imperative: How Fast-Moving Businesses Are Outpacing the Competition
View All Business Posts