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Prudential Pays Out: New $2B Stock Buyback Program Sweetens The Pot For Investors

Prudential plc (NYSE:PUK) shares are trading higher after the company launched a share buyback program worth $2 billion. The company expects to complete the share buyback no later than mid-2026. CEO Anil Wadhwani, said, “Progress towards our financial objectives will increase the potential for further cash returns to shareholders. Our dividend policy remains unchanged, with the Board continuing to expect the 2024 annual dividend to grow in the range of 7-9 per cent.” “Our outperformance in ...