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VOYA FINANCIAL, INC. - VOYA STOCK NEWS

Welcome to our dedicated page for VOYA FINANCIAL news (Ticker: VOYA), a resource for investors and traders seeking the latest updates and insights on VOYA FINANCIAL stock.

Voya Financial, Inc. (NYSE: VOYA) is a premier provider of retirement, investment, and insurance solutions, serving approximately 13 million individual and institutional customers across the United States. Headquartered in New York, Voya operates with a clear mission to secure financial futures through its diverse product offerings and dedicated service.

Voya Financial operates through three main segments: Wealth Solutions, Investment Management, and Health Solutions. The Wealth Solutions segment, which generates roughly half of the company's revenue, provides tax-advantaged retirement savings plans and individual retirement accounts tailored to meet the needs of various customer groups. Investment Management offers a range of asset management services, while Health Solutions provides group life insurance plans and employee benefit products.

Recently, Voya has been recognized for its advanced digital capabilities and commitment to enhancing customer experiences. The company has partnered with Oracle to leverage Oracle Database@Azure, ensuring secure, high-performance cloud services to its clients. This move underscores Voya’s dedication to technological advancement and customer-centric service delivery.

With a workforce of approximately 6,500 employees and a strong focus on corporate responsibility, Voya is deeply committed to helping individuals and institutions achieve better retirement readiness. The company's vision, encapsulated in its tagline “America’s Retirement Company™”, emphasizes guiding Americans towards financial stability and security, one person, one family, and one institution at a time.

For more information about Voya Financial, Inc., visit voya.com.

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Voya Financial, Inc. (NYSE: VOYA) has appointed Michael Raneri as Senior Vice President and Chief Technology Officer of Enterprise Digital & Data Solutions. In his new position, Raneri will enhance the company's innovation capabilities and oversee integration with partners to improve customer outcomes. Reporting to CIO Santhosh Keshavan, he will operate remotely from San Francisco, CA. Raneri joins Voya with over 30 years of leadership experience, previously working at AssetMark where he led digital transformation efforts. He holds a bachelor's degree from Fairfield University and an Executive Management Certificate from MIT. Voya aims to create a best-in-class experience for its clients through improved digital and data capabilities.

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Voya Financial, Inc. (NYSE: VOYA) announced the redemption of all 5.650% fixed-to-floating rate junior subordinated notes due 2053, with an outstanding principal of $393,102,000. The redemption is set for May 15, 2023, at a price equal to 100% of the principal plus accrued interest until that date. The company plans to fund this redemption from available liquidity sources. This redemption highlights Voya's proactive financial management and strategic decision-making aimed at optimizing its capital structure.

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Voya Financial (NYSE: VOYA) has opened applications for its 2023 Unsung Heroes program, designed to support teachers with innovative curriculum ideas. A total of $140,000 in grants is available, with fifty finalists each receiving $2,000. Enhanced awards include $25,000 for first place, $10,000 for second, and $5,000 for third. Since its inception, the program has distributed nearly $6 million in grants. The deadline for applications is April 28, 2023. This initiative emphasizes Voya's commitment to education, aiming to empower teachers and positively impact student learning experiences.

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Voya Financial, Inc. (NYSE: VOYA) will host a conference call on its financial results for the first quarter of 2023 on May 3, 2023, from 10 a.m. to 11 a.m. ET. A press release detailing these results will be issued after the market closes on May 2, 2023. Investors can find the release and supplementary materials on Voya's investor relations website. The webcast will include a slide presentation and will be streamed live. A replay will be available after the call begins at 1 p.m. ET on the same day.

Voya is a leading health, wealth, and investment company focused on empowering clients to achieve financial confidence.

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Voya Financial (NYSE: VOYA) has launched a new advisory services program through Voya Retirement Advisors, LLC, powered by Morningstar. This initiative is designed to provide retirement plan participants with tailored advice and guidance solutions, responding to a growing demand—85% of working Americans deem these services important for investment confidence. The new program includes online investment advice and managed accounts, enhancing Voya's service offerings, which saw a 10% increase in managed account enrollment in 2022. Voya aims to support individuals through unique financial solutions, fostering greater participation and education in retirement planning.

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On March 29, 2023, Voya Financial, Inc. (NYSE: VOYA) announced a quarterly dividend of $0.20 per share on its common stock. This dividend led to adjustments in the exercise price of the Warrants under the Warrant Agreement, reducing it from $46.94 to $46.82 per share. Additionally, the number of shares each Warrant can purchase has been modified to 1.041295182 shares. These adjustments are effective as of March 29, 2023. Voya is recognized for its commitment to social responsibility and inclusivity, serving 14.7 million clients with innovative financial solutions.

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Voya Financial (NYSE: VOYA) has announced a total donation of $100,000 to support disability inclusion. The funds, consisting of two $50,000 donations, will be directed to Disability:IN and the National Down Syndrome Society (NDSS). This initiative aligns with the launch of Voya's "Better Together" advertising campaign, emphasizing diversity, equity, and inclusion in the workplace. The donations aim to improve employment opportunities for individuals with disabilities and coincide with Voya's ongoing commitment to socially responsible practices.

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FAQ

What is the current stock price of VOYA FINANCIAL (VOYA)?

The current stock price of VOYA FINANCIAL (VOYA) is $81.68 as of November 22, 2024.

What is the market cap of VOYA FINANCIAL (VOYA)?

The market cap of VOYA FINANCIAL (VOYA) is approximately 8.2B.

What does Voya Financial, Inc. specialize in?

Voya Financial specializes in retirement, investment, and insurance solutions for both individual and institutional clients.

How many customers does Voya Financial serve?

Voya Financial serves approximately 13 million individual and institutional customers in the United States.

What are the primary business segments of Voya Financial?

Voya Financial operates through three main segments: Wealth Solutions, Investment Management, and Health Solutions.

How many employees does Voya Financial have?

Voya Financial has a dedicated workforce of approximately 6,500 employees.

What is Voya Financial’s vision?

Voya Financial's vision is to be America’s Retirement Company™, guiding Americans towards greater retirement readiness.

What recent technological advancements has Voya Financial made?

Voya Financial has recently partnered with Oracle to leverage Oracle Database@Azure, enhancing their cloud services' performance and security.

Where can I find more information about Voya Financial?

More information about Voya Financial can be found on their official website, http://voya.com.

What types of retirement solutions does Voya Financial offer?

Voya Financial offers tax-advantaged retirement savings plans and individual retirement accounts, tailored to meet various customer needs.

What is the company’s focus in terms of corporate responsibility?

Voya Financial focuses on securing financial futures through responsible business practices, aiming to benefit individuals, families, and institutions.

How does Voya Financial enhance customer experiences?

Voya Financial enhances customer experiences by leveraging advanced technologies like Oracle Database@Azure for secure and high-performance services.

VOYA FINANCIAL, INC.

NYSE:VOYA

VOYA Rankings

VOYA Stock Data

8.21B
95.87M
0.33%
101.84%
2.1%
Financial Conglomerates
Life Insurance
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United States of America
NEW YORK