My husband's father had stock in Kresge, but he has no idea where to look. The Initial Public Offering consisted of 202 million shares priced at $14.25. View real-time stock prices and stock quotes for a full financial overview. Reduce shareholder and proxy-related costs; Corporate Repurchase . Take the worry out of unclaimed property; Growth-ready software for cap table and more; Loan Services. MET: Get the latest MetLife stock price and detailed information including MET news, historical charts and realtime prices. November 15, 2019 Want to reduce your risk for common illnesses and disease? MetLife ranked No. Eligible policyholders were entitled to receive 494 million shares. If they are aware of it, they are not sure how they became a shareholder. Computershare specializes in the provision of software solutions and professional services to the securities industry and their shareholders. The shareholders, who acquired MetLife stock in 2010 and 2011, say the insurer failed to properly account for or set aside reserves for tens of millions of dollars owed in unclaimed benefits on behalf of policyholders listed in the death database. Is there an unclaimed MetLife life ... Tell your friends and family about MetLife's life insurance POLICY FINDER. Perhaps the largest source of unclaimed stock over the last several years has resulted from the recent demutualization of major life insurance companies, including Metropolitan Life (MetLife), Prudential, John Hancock and others. August 2017 Brighthouse Financial completes its separation from MetLife, Inc. and becomes an independent company with operations headquartered in Charlotte, NC. The stock is owned by the policy holder. In 2000 MetLife went public. A number of individuals own stock in either Prudential Life Insurance Company (Prudential) or MetLife Insurance Company (MetLife) and are not aware of it. Number of individuals served by MetLife; Unclaimed shares reported by MetLife Holding Co.; Total number of insurance operations. Hi Dave, when MetLife de-mutualized, qualifying policy owners were granted stock or they could accept cash in lieu of stock. A number of times, the process by which they became an owner is called demutualization. Focuses on the positive stock performance of New York City life insurance company MetLife Inc. in 2000. The same rule applies for GE’s Dividend Reinvestment program. MetLife agreed to pay $40 million to settle a multistate regulatory probe into unclaimed life-insurance policies. My mom, for example, was delighted to discover that she owned $800 in MetLife stock, thanks to a small life insurance contract my grandpa had taken out for her that was converted to stock. When you misplace a physical certificate for stock, you may be able to to still recover these missing shares. Jerry Gabriele, who runs the Gabriele Tire and Auto Centers in Scotch Plains and South Amboy, N.J., received 405 shares of MetLife stock. Other insurance companies have also converted into for-profit public companies in the past couple of decades. Prevent Common Illnesses and Disease by Scheduling these 4 Medical Tests Today. View All in Wellness. Metlife, Inc. was created via demutualization on April 5, 2000. We continue to serve our customers and are operating normal service throughout, for both incoming and outgoing mail. At MetLife we continue to closely monitor the coronavirus (COVID-19) situation, including guidance from the UK Government. View daily, weekly or monthly format back to when MetLife, Inc. stock was issued. If you hold stock directly with GE, these are the steps you can take to stay active as a shareowner: Review and update your account details by contacting the GE’s transfer agent, Equiniti Trust Company (EQ), at least once every 3 years.