secwatch.observer — SEC 8-K summary
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Issuer:     CNO Financial Group, Inc. (CNO)
CIK:        0001224608
Form:       8-K
Filed at:   2022-02-08T23:59:59+00:00
Accession:  0001224608-22-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CNO Financial Q4 net income $115.8M ($0.93 diluted EPS) up 16% YoY; record 2021 buybacks of $402M
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- Q4 net income $115.8M ($0.93 diluted EPS); net operating income $108.5M ($0.87), up 43% vs $0.61 in Q4 2020.
- Full year 2021 net income $441.0M ($3.36 diluted EPS); operating EPS $2.79, up 10% from 2020.
- Returned $468.1M to shareholders: $402.4M in share repurchases (record) and $65.7M dividends; diluted share count down 11% YoY.
- Direct-to-consumer life NAP exceeded $100M for first time, up 16% YoY; annuity collected premiums up 15% in Q4.
- Will adopt new long-duration contract accounting guidance Jan 1, 2023; expects material decrease to AOCI and profit emergence changes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1224608/000122460822000003/0001224608-22-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1224608/000122460822000003/cno-20220208.htm
  HTML page:      https://secwatch.observer/filing/0001224608-22-000003

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