Equitable Holdings Explores Share Buybacks Pre-Merger

Equitable Holdings, Inc. is considering undertaking repurchases of its common stock prior to the closing of its pending merger with Corebridge Financial, Inc. This action would require a waiver from Corebridge under the existing merger agreement. The company stated there is no assurance that these share repurchases will be made, and if undertaken, the volume, pricing, timing, and method would be at the company's discretion.