Prudential Financial Announces Quarterly Dividend and 2022 Share Repurchase Authorization
November 09 2021 - 4:18PM
Business Wire
Prudential Financial, Inc. (NYSE: PRU) announced today the
declaration of a quarterly dividend of $1.15 per share of Common
Stock, payable on December 16, 2021, to shareholders of record at
the close of business on November 23, 2021.
Additionally, Prudential’s Board of Directors has authorized the
repurchase of up to $1.5 billion of its outstanding Common Stock
during the period from January 1, 2022 through December 31,
2022.
The timing and amount of any share repurchases under the
Company’s share repurchase authorization will be determined by
management based on market conditions and other considerations, and
such repurchases may be executed in the open market, through
derivative, accelerated repurchase and other negotiated
transactions and through plans designed to comply with Rule
10b5-1(c) under the Securities Exchange Act of 1934, as
amended.
Prudential Financial, Inc. (NYSE: PRU), a global financial
services leader and premier active global investment manager with
more than $1.5 trillion in assets under management as of September
30, 2021, has operations in the United States, Asia, Europe, and
Latin America. Prudential’s diverse and talented employees help
make lives better by creating financial opportunity for more
people. Prudential’s iconic Rock symbol has stood for strength,
stability, expertise and innovation for more than a century. For
more information, please visit news.prudential.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20211109006424/en/
Julie Laskin 973-802-3975 julie.laskin@prudential.com
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