Prudential (PRU) Approves $1B Common Buyback
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Price: $67.45 -0.88%
Overall Analyst Rating:
NEUTRAL (
Up)
Dividend Yield: 2.4%
Revenue Growth %: +9.6%
Overall Analyst Rating:
NEUTRAL (
Up)Dividend Yield: 2.4%
Revenue Growth %: +9.6%
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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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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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