secwatch.observer — SEC 8-K summary
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Issuer:     Jackson Financial Inc. (JXN)
CIK:        0001822993
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001822993-23-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jackson Financial reports Q4 net loss of $710M; raises dividend 13% and adds $450M to buyback authorization
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- Q4 net loss attributable to Jackson of $710M ($8.48 diluted EPS); adjusted operating earnings $491M ($5.66), down 31% YoY.
- Full year 2022 net income $5,697M ($64.23 diluted EPS); adjusted operating earnings $1,443M ($16.27).
- First quarter 2023 dividend raised nearly 13% to $0.62/share, payable March 23 to holders of record March 14.
- Board authorized $450M increase to share repurchase program, bringing total authority to ~$540M.
- 2023 capital return target set at $450-$550M; 2022 capital return of $482M exceeded midpoint of target range.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822993/000182299323000006/0001822993-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822993/000182299323000006/jxn-20230227.htm
  HTML page:      https://secwatch.observer/filing/0001822993-23-000006

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