Fidelity National Financial's Special Distribution Announcement
Fidelity National Financial, Inc. (NYSE: FNF), a prominent player in the title insurance and transaction services sector, has recently disclosed the final distribution ratio related to its planned special stock distribution. This announcement is significant for shareholders of FNF as it marks the transfer of ownership of approximately 12% of FG Annuities & Life, Inc. (NYSE: FG) shares to them.
Details of the Distribution
On December 31, 2025, FNF will execute a distribution of 16,280,204 shares of FG common stock owned by the company. This move aims to benefit FNF shareholders, marking a notable shift in ownership dynamics within the organization. The decision was confirmed during a meeting of FNF's Board of Directors.
Shareholders of FNF recorded as of 4:30 PM ET on December 17, 2025, will receive shares on a pro rata basis. Specifically, for every 100 shares of FNF common stock held, shareholders will receive six shares of FG common stock. Importantly, no fractional shares will be distributed in this transaction; instead, affected shareholders will receive cash for any fraction they would have otherwise received.
This distribution represents a substantial investment in FG for FNF shareholders and serves to strengthen the relationship between the two entities. It is also considered a taxable distribution and is expected to be treated as a dividend for U.S. federal income tax purposes.
No Action Required from Shareholders
In this distribution process, shareholders are not required to vote or take any action. Those on record will receive statements that reflect their new ownership in FG common stock shortly following the distribution date. The distribution will be organized in a manner that is simple for shareholders to understand, with FG stock issued in book-entry form.
For current shareholders using brokers or other intermediaries to hold their FNF shares, they can expect their FG shares to be credited directly to their accounts. The ease of this transition is intended to minimize any potential disruptions for investors during this change.
Fidelity National Financial is recognized as the largest title insurance company in the U.S., operating through several subsidiaries. Its commitment to enhancing shareholder value and investing in future growth is evident from this decision. ###
About Fidelity National Financial and FG Annuities & Life
Fidelity National Financial focuses primarily on providing title insurance and related transaction services across the real estate and mortgage domains. The company boasts a robust portfolio through subsidiaries such as Chicago Title, Commonwealth Land Title, and Alamo Title, which collectively issue more title policies than any other company in the sector.
FG Annuities & Life stands as the majority-owned subsidiary of FNF, primarily serving retail and institutional clients with insurance products tailored to meet their financial goals.
Conclusion
Investors and shareholders are advised to consult financial advisors to understand fully the implications of trading both FNF and FG stock prior to the distribution date. This proactive communication and strategic planning ensure that shareholders are informed and positioned to make the most beneficial decisions as this distribution approaches. This exciting development is poised to enhance the financial landscape for FNF’s shareholders, marking a pivotal moment in the company's journey.
For more details, shareholders can find additional resources at both
investor.fnf.com and
investors.fglife.com.