Prudential plans $2 billion share buyback

Source: Investing.com

“Insurance group Prudential plans a $2 billion share buyback programme which will be completed no later than mid-2026, the company said in a statement on Sunday. The life and health insurer will commence the first $700 million tranche of the buyback, for which it has entered into an arrangement with Goldman Sachs International, it said in a separate statement. The buyback marks progress towards the London and Hong Kong dual-listed company’s 2027 financial objectives and will increase the potential for further cash returns to shareholders, the company said.” (06/23/24)

https://www.investing.com/news/stock-market-news/prudential-plans-2-billion-share-buyback-3492907