Prudential plans a $2bn share buyback program by mid-2026 to reach 2027 financial goals and increase cash returns.

Insurance group Prudential plans a $2bn share buyback program, to be completed by mid-2026, aiming to progress towards its 2027 financial objectives and potentially increase cash returns for shareholders. The first $700m tranche of the buyback has been arranged with Goldman Sachs International. Prudential's board expects its 2024 annual dividend to increase by 7-9% compared to the previous year.

June 23, 2024
3 Articles