Jackson Financial completes separation from UK insurer Prudential
![Jackson](https://s32566.pcdn.co/wp-content/uploads/2021/09/Jackson-National_opt-951x634.jpg.optimal.jpg)
The company's shares are expected to begin regular trading on the New York Stock Exchange on Sept. 20.
Insurer Jackson Financial Inc. has completed its separation from Prudential plc through a demerger.
Lansing, Michigan-based Jackson, now an independent company, expects that its Class A common stock will begin “regular way” trading under the ticker symbol JXN on the New York Stock Exchange next Monday. The stock currently trades on a “when-issued” basis.
[More: Jackson National top seller of annuities in 2020]
Prudential plc, a giant British insurer, is not related to U.S.-based Prudential Financial.
[More: Jackson National’s new variable annuity hints at annuities’ future post-DOL fiduciary rule]
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