Prudential announces $2 billion share buyback program to support financial objectives and increase dividends.

From Investing.com: 2024-06-23 12:20:30

Insurance group Prudential announces a $2 billion share buyback program, with the first $700 million tranche to be completed no later than mid-2026. The buyback supports the company’s 2027 financial objectives and potential cash returns to shareholders. CEO Anil Wadhwani expects a 7-9% increase in annual dividend for 2024, following an 8% rise in annual operating profit in March.



Read more at Investing.com: Prudential plans $2 billion share buyback By Reuters