5 unchanged sentences
We currently have no plans to declare and pay dividends on our common stock.
−Removed: See “Risk Factors — Risks Related to Our Securities — We currently have no plans to declare or pay dividends on our common stock, and legal restrictions could limit our ability to pay dividends on our capital stock and our ability to repurchase our common stock at the level we wish” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations — Liquidity and Capital Resources — The Company — Capital.”
+Added: See “Risk Factors — Risks Related to Our Securities — We currently have no plans to declare and pay dividends on our common stock, and legal restrictions could limit our ability to pay dividends on our capital stock and our ability to repurchase our common stock at the level we wish” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations — Liquidity and Capital Resources — The Company — Capital.”
Stock Performance Graph
−Removed: The graph and table below present BHF’s cumulative total shareholder return relative to the performance of (1) the S&P 500 Index, (2) the S&P 500 Financials Index, (3) the S&P 500 Insurance Index and (4) the S&P 500 Life & Health Insurance Index, respectively, for the five-year period ended December 31, 2022.
−Removed: The S&P Life & Health Insurance Index will replace the S&P 500 Insurance Index in future Annual Reports on Form 10-K.
−Removed: We believe the S&P 500 Life & Health Insurance Index is a more closely comparable benchmark in relation to our business model than the broader S&P 500 Insurance Index.
−Removed: All values assume a $100 initial investment at the opening price of BHF’s common stock on the Nasdaq and data for each of the S&P 500 Index, the S&P 500 Financials Index, the S&P 500 Insurance Index and the S&P 500 Life & Health Insurance Index assume all dividends were reinvested on the date paid.
+Added: The graph and table below present BHF’s cumulative total shareholder return relative to the performance of (1) the S&P 500 Index, (2) the S&P 500 Financials Index and (3) the S&P 500 Life & Health Insurance Index, respectively, for the five-year period ended December 31, 2023.
+Added: All values assume a $100 initial investment at the opening price of BHF’s common stock on the Nasdaq and data for each of the S&P 500 Index, the S&P 500 Financials Index and the S&P 500 Life & Health Insurance Index assume all dividends were reinvested on the date paid.
The points on the graph and the values in the table represent month-end values based on the last trading day of each month.
4 unchanged sentences
S&P 500 Financials $ 100.00 $ 132.13 $ 129.89 $ 175.40 $ 156.92 $ 175.99
−Removed: S&P 500 Insurance $ 100.00 $ 88.79 $ 114.88 $ 114.38 $ 151.12 $ 166.42
S&P 500 Life & Health Insurance $ 100.00 $ 123.18 $ 111.51 $ 152.41 $ 168.18 $ 176.00
4 unchanged sentences
October 1 — October 31, 2023
+Added: 460,522 $ 47.24 461,248 $ 82
November 1 — November 30, 2023
+Added: 423,457 $ 48.31 423,788 $ 811
December 1 — December 31, 2023
+Added: 342,658 $ 53.14 342,658 $ 793
Total 1,226,637 1,227,694
1 unchanged sentence
(1) Where applicable, total number of shares purchased includes shares of common stock withheld with respect to option exercise costs and tax withholding obligations associated with the exercise or vesting of share-based compensation awards under our publicly announced benefit plans or programs.
+Added: (2) On November 16, 2023, we authorized the repurchase of up to $750 million of our common stock, which is in addition to the $1.2 billion total repurchases authorized in 2021.
See “Management’s Discussion and Analysis of Financial Condition and Results of Operations — Liquidity and Capital Resources — The Company — Primary Uses of Liquidity and Capital — Common Stock Repurchases” and Note 13 of the Notes to the Consolidated Financial Statements for more information on common stock repurchases.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.