Tags: Prudential | Financial | buyback | stock

Prudential Financial Authorizes Buyback of $1 Billion in Stock

Tuesday, 11 Jun 2013 05:13 PM

Prudential Financial Inc., the second-largest U.S. life insurer, authorized the repurchase of $1 billion in shares through the end of June 2014.

Management will determine the timing and size of buybacks based on market conditions, the Newark, New Jersey-based insurer said Tuesday in a statement distributed by Business Wire.

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Prudential Financial Inc., the second-largest U.S. life insurer, authorized the repurchase of $1 billion in shares through the end of June 2014.
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2013-13-11
Tuesday, 11 Jun 2013 05:13 PM
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