Tender Offer - Brighthouse Financial, Inc.

Form Type: 8-K

Filing Date: 2025-05-20

Corporate Action: Tender-offer

Type: Update

Accession Number: 000168504025000021

Filing Summary: On May 19, 2025, Brighthouse Financial, Inc. received an unsolicited 'mini-tender' offer from Potemkin Limited to purchase up to 100,000 shares of the Company's common stock at a price of $36.00 per share, which represents less than 0.2% of the Company's outstanding shares. The Company issued a news release on May 20, 2025, advising shareholders to reject this offer, highlighting that the purchase price is significantly below the current market price, which closed at $61.14 on May 19, 2025, a 41.12% discount. The mini-tender offer is set to expire on September 16, 2025, at 5:00 p.m. New York City time unless it is extended or revoked. Brighthouse Financial, Inc. clarifies that it is not affiliated with Potemkin or the offer documentation.