Overview
- FNF’s board approved a special stock distribution of about 16 million F&G shares, representing roughly 12% of F&G’s outstanding common stock.
- Shareholders of record at 4:30 p.m. ET on December 17, 2025 will receive the distribution on December 31, 2025 on a pro rata basis.
- FNF estimates holders will receive approximately six F&G shares for every 100 FNF shares, with the final ratio determined based on shares outstanding on the record date.
- The distribution is intended to be treated as a taxable dividend for U.S. federal income tax purposes, with cash paid in lieu of fractional shares and no action required by shareholders.
- FNF recently reported stronger-than-expected Q3 2025 results, including $4.03 billion in revenue and adjusted EPS of $1.63, providing a positive backdrop for the move.