Lincoln Financial accepts USD 437.3 million tender for Series C and D preferred depositary shares

• Lincoln National will buy back preferred-stock depositary shares in cash, accepting all valid tenders under its Series C and Series D offers.
• Total payout, including accrued dividends, set at about $461.8 million; settlement expected Sept. 10, 2026.
• Company will purchase about $265.95 million liquidation preference of Series C depositary shares at $1,057.31 each including dividends.
• It will also buy about $171.36 million liquidation preference of Series D depositary shares at $26.36 each including dividends.
• Accepted shares equal about 53.2% of outstanding Series C depositary shares, about 34.3% of Series D.

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: 20260909302550) on September 09, 2026, and is solely responsible for the information contained therein.