Prudential (PRU) Approves $1B Buyback Plan

June 11, 2013 4:08 PM EDT
Prudential Financial, Inc. (NYSE: PRU) today 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, 2013 through June 30, 2014.

In June 2012, the Board authorized the repurchase of up to $1.0 billion of its outstanding Common Stock through June 30, 2013. The Company has repurchased approximately $150 million of its Common Stock through March 31, 2013 under that authorization.


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