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Lincoln Financial launches cash tender offer for up to USD 500 million of preferred depositary shares

PUBT·08/10/2026 12:50:22
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Lincoln Financial launches cash tender offer for up to USD 500 million of preferred depositary shares
  • Lincoln National launched cash tender offers to repurchase up to USD 500 million liquidation preference of its Series C and Series D depositary shares.
  • Offer prices set at USD 1,055 per USD 1,000 liquidation preference for Series C, USD 26.3 per USD 25 liquidation preference for Series D.
  • Total consideration includes accrued dividends; hypothetical totals are USD 1,057.31 for Series C, USD 26.36 for Series D if settled Sept. 10, 2026.
  • Offers expire Sept. 8, 2026; Series C has priority, with Series D subject to proration if tenders exceed the USD 500 million cap.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lincoln National Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202608100850BIZWIRE_USPR_____20260809_BW117325) on August 10, 2026, and is solely responsible for the information contained therein.