NasdaqGS:BHFInsurance
Brighthouse Financial (BHF): Assessing Valuation After Major Buyback and Surging Q2 Profits
If you have been watching Brighthouse Financial (BHF) lately, there is a lot to unpack. The company just completed a substantial share buyback program and, despite a drop in revenue, posted a considerable jump in net income for the second quarter compared to the prior year. These moves signal management’s commitment to rewarding shareholders and may reflect increased confidence in the business. Companies often ramp up buybacks when they believe their stock is undervalued, which may also be a...