Voya Financial presented projections at a UBS investor conference showing an expected $775 million of free cash flow in 2025, citing stronger investment returns and disciplined cost management as key contributors.

The board approved a $300 million share buyback initiative to deploy excess capital, targeting enhanced shareholder returns through systematic repurchases subject to market conditions.

Management outlined plans to accelerate revenue growth and deepen expense efficiencies in 2026, aiming to leverage robust cash generation and capital returns to drive sustained profitability improvements.