Prudential Plans $2 Billion Share Buyback

June 24, 2024 1 min read

U.K. insurer Prudential PLC PRU 6.62%increase; green up pointing triangle is planning a $2 billion share buyback as part of its efforts to boost shareholder returns.

Under the program, $700 million of shares will be repurchased under the first tranche, the insurer said Sunday.

Source: WSJ

You may also like

Finance

Germany’s Economic Growth Forecast Slashed to 0.1% Amidst Left-Green-Liberal Governance Challenges

Leading economic institutes have significantly revised their growth expectations for Germany, projecting a mere 0.1 percent increase for this year. This adjustment comes at […]

March 27, 20242 min read

Finance

LVMH sells Stella McCartney stake to founder after downturn.

LVMH shares fell as much as 1% in early trading in Paris on Tuesday. They are down 2.8% in the past 12 […]

January 28, 20251 min read

Finance

Carrier to invest $1 billion to boost US production.

Carrier Global on Tuesday announced plans to invest $1 billion over five years in the United States, in response to President Donald […]

May 13, 20251 min read