Rochester, NY 7/11/2009 12:42:23 AM
News / Finance

WhisperfromWallStreet.com Stock Report - GNW - Genworth Announces Closing of Canadian Initial Public Offering

Genworth Financial Inc.

WhisperfromWallStreet.com Stock Report - GNW - Genworth Announces Closing of Canadian Initial Public Offering

Genworth Financial Inc.,GNW


Last Trade:       5.43
Day's Range:        5.28 - 5.57
52wk Range:        0.70 - 19.99
Volume:           7,171,336

Genworth Financial, Inc. today announced the closing of the previously announced initial public offering of 44.7 million common shares of Genworth MI Canada Inc., priced at Cdn$19.00 per share.


5.39 Down 0.24 (4.26%)  1:29pm ET


ABOUT THE COMPANY

Genworth Financial, Inc., a financial security company, provides insurance, wealth management, investment, and financial solutions in the United States and internationally. The company operates in three segments: Retirement and Protection, International, and U.S. Mortgage Insurance. The Retirement and Protection segment offers various protection products, including life, long-term care, Medicare supplement insurance, and wellness and care coordination services for long-term care policyholders; and retirement income and wealth management products, such as fixed and variable deferred and immediate individual annuities, group variable annuities offered through retirement plans, and various managed account programs, financial planning services, and mutual funds; and institutional products comprising funding agreements, funding agreements backing notes, and guaranteed investment contracts.

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