Prudential to Buy Back $2 Billion Worth of Insurer’s Own Shares

Bloomberg06-24

(Bloomberg) -- Prudential Plc launched a $2 billion share buyback program that will be completed no later than the middle of 2026, as the insurer outlined progress that includes the potential for ...

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Russia Is Storing Up a Crime Wave When Its War on Ukraine Ends. CDK Hackers Want Millions in Ransom to End Car Dealership Outage. Dubai Real Estate’s Resilience May Signal End of Boom-Bust Cycle. The pace and timing of the buyback will be subject to market conditions, the firm said in a statement Sunday. Shares repurchased under the plan are expected to be canceled.Goldman Sachs Group Inc. will conduct the first $700 million part of buyback which enables the purchase of ordinary shares from June 24 to no later than Dec. 27, according to a separate statement.Ilya Sutskever Has a New Plan for Safe Superintelligence. More Disabled Americans Are Employed, Thanks to Remote Work. JPMorgan Ignites $40 Billion Rush Int","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6521":"保险股","BK6074":"人寿与健康保险","PUK":"英国保诚","K6S.SI":"英国保诚"},"translate_title":"保诚集团将回购价值20亿美元的保险公司股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"K6S.SI":0.9,"PUK":0.9},"content_text":"(Bloomberg) -- Prudential Plc launched a $2 billion share buyback program that will be completed no later than the middle of 2026, as the insurer outlined progress that includes the potential for further cash returns to shareholders. \nMost Read from Bloomberg\n\nNvidia Sales Grow So Fast That Wall Street Can’t Keep Up\nHow Long Will High Rates Last? Bond Markets Say Maybe Forever\nRussia Is Storing Up a Crime Wave When Its War on Ukraine Ends\nCDK Hackers Want Millions in Ransom to End Car Dealership Outage\nDubai Real Estate’s Resilience May Signal End of Boom-Bust Cycle\n\nThe pace and timing of the buyback will be subject to market conditions, the firm said in a statement Sunday. 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