secwatch.observer — SEC 8-K summary
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Issuer:     PRUDENTIAL FINANCIAL INC (PRU)
CIK:        0001137774
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001137774-24-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Prudential reports Q4 net income $1.32B vs loss $52M YoY; FY23 AOI $4.29B, dividend raised 4%
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- Q4 2023 net income $1.317B ($3.61/sh) vs net loss $52M ($0.16/sh) in Q4 2022.
- FY 2023 after-tax adjusted operating income $4.286B ($11.62/sh), up from $3.914B ($10.31/sh) in FY 2022.
- Quarterly dividend increased 4% to $1.30/share; 16th consecutive annual dividend increase.
- Board authorized $1.0B share repurchase for 2024; Q4 returned $708M to shareholders.
- PGIM AUM $1.298T (+6% YoY); U.S. Businesses AOI $988M vs $710M; International AOI $748M vs $814M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1137774/000113777424000007/0001137774-24-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1137774/000113777424000007/pru-20240206.htm
  HTML page:      https://secwatch.observer/filing/0001137774-24-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer