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CNO Financial Group Announces Voting Results from 2025 Annual Meeting of Shareholders

1. CNO elected nine directors for a one-year term. 2. Shareholders approved executive compensation via a non-binding advisory vote. 3. PricewaterhouseCoopers is ratified as the accounting firm for 2025. 4. CNO's new amendment aims to preserve tax losses' value. 5. Amended long-term incentive and employee stock purchase plans were also approved.

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Why Bullish?

Stable leadership and strategic financial management can boost investor confidence, enhancing price stability. Historical instances indicate that shareholder approval of company governance often correlates with positive stock performance.

How important is it?

The article highlights significant governance actions that boost credibility. This is vital for attracting long-term investors and ensuring market stability.

Why Short Term?

Immediate effects may be seen as these decisions resonate with investor sentiments. Recent similar approvals typically show short-lived but positive stock reactions.

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, /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) announced that at the company's annual meeting held earlier today, its shareholders: Elected nine directors (Gary C. Bhojwani, Archie M. Brown, David B. Foss, Mary R. (Nina) Henderson, Adrianne B. Lee, Daniel R. Maurer, Chetlur S. Ragavan, Steven E. Shebik, and Jessica A. Turner) to each serve a one-year term expiring at next year's annual meeting. Approved, by non-binding advisory vote, the executive compensation of the company's named executive officers as disclosed in the proxy statement for the annual meeting. Ratified the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for 2025. Approved the company's Amended and Restated Certificate of Incorporation to include the Replacement NOL Protective Amendment to preserve the value of tax net operating losses and certain other tax losses. Approved the company's Amended and Restated Long-Term Incentive Plan. Approved the company's Amended and Restated Employee Stock Purchase Plan. About CNO Financial Group CNO Financial Group, Inc. (NYSE: CNO) secures the future of middle-income America. CNO provides life and health insurance, annuities, financial services, and workforce benefits solutions through our family of brands, including Bankers Life, Colonial Penn, Optavise and Washington National. Our customers work hard to save for the future, and we help protect their health, income and retirement needs with 3.2 million policies and $37.4 billion in total assets. Our 3,400 associates, 4,800 exclusive agents and more than 5,500 independent partner agents guide individuals, families and businesses through a lifetime of financial decisions. For more information, visit CNOinc.com. SOURCE CNO Financial Group WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In Also from this source

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