other material
confidence high
sentiment neutral
materiality 0.60
Prudential Financial authorizes $1.0B share repurchase for 2025
PRUDENTIAL FINANCIAL INC
- Board authorized repurchase of up to $1.0 billion of common stock from January 1, 2025 through December 31, 2025.
- Repurchases may be executed in open market, through derivative, accelerated repurchase, and other negotiated transactions, as well as through Rule 10b5-1 plans.
- Management will determine timing and amount based on market conditions; company also aims to end fiscal 2024 with positive free cash flow.