Prudential Financial's Board Approves $1B Buyback Program

Dow Jones12-11

By Connor Hart

Prudential Financial's board has authorized a $1 billion share-repurchase program for 2025, the same amount as in 2024.

The financial services company said Tuesday in a regulatory filing that the buybacks can be executed in the open market, in addition to through derivative, accelerated repurchase and other negotiated transactions.

The timing and amount of said repurchases will be determined by management based on market conditions and other considerations, the company said.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

December 10, 2024 16:51 ET (21:51 GMT)

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