Tender Offer - PRINCIPAL FINANCIAL GROUP INC
Form Type: 8-K
Filing Date: 2025-07-17
Corporate Action: Tender-offer
Type: New
Accession Number: 000110465925068734
Filing Summary: Principal Financial Group, Inc. received notice of an unsolicited mini-tender offer by Potemkin Limited to purchase up to 100,000 shares of the Company’s common stock at a price of $51.70 per share. This offer price reflects a substantial discount of about 34.91% compared to the closing price of $79.43 on June 30, 2025. The shares represent approximately 0.0004% of the Company’s outstanding common stock. The Company does not endorse this mini-tender offer and advises shareholders not to tender their shares to Potemkin. Additionally, shareholders who have already tendered their shares are allowed to withdraw them within 14 days of delivering the Tender Form. The offer is set to expire by 5:00 p.m. Eastern time on September 30, 2025. A related press release was issued by the Company on July 17, 2025, providing further clarification regarding the mini-tender offer.
Additional details:
Offer Price: 51.70
Closing Price: 79.43
Date Of Closing: 2025-06-30
Percentage Of Outstanding Shares: 0.0004
Offer Expiration Date: 2025-09-30T17:00:00-04:00
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