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Prudential (PRU) Approves $1B Common Buyback

June 12, 2012 4:20 PM EDT Send to a Friend
Prudential Financial, Inc. (NYSE: PRU) announced that its Board of Directors has authorized the repurchase of up to $1.0 billion of its outstanding Common Stock during the period from July 1, 2012 through June 30, 2013.

In June 2011, the Board authorized the repurchase of up to $1.5 billion of its outstanding Common Stock through June 30, 2012. The Company has repurchased approximately $1.25 billion of its Common Stock through March 31, 2012 under that authorization.




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