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Prudential Financial Inc

PRU.N

Latest Trade

103.75USD

Change

0.54(+0.52%)

Volume

400,515

Today's Range

103.17

 - 

104.78

52 Week Range

60.18

 - 

109.14

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Prudential Financial to sell $31 Bln PALAC block of legacy variable annuities to Fortitude Re

Sept 15 (Reuters) - Prudential Financial Inc <PRU.N>::PRESS RELEASE - PRUDENTIAL FINANCIAL TO SELL $31B PALAC BLOCK OF LEGACY VARIABLE ANNUITIES TO FORTITUDE RE.PRUDENTIAL FINANCIAL INC - WILL SELL A PORTION OF IN-FORCE LEGACY VARIABLE ANNUITY BLOCK TO FORTITUDE RE FOR A TOTAL TRANSACTION VALUE OF $2.2 BILLION.PRUDENTIAL FINANCIAL INC - WILL SELL ONE OF ITS STAND-ALONE LEGAL ENTITY SUBSIDIARIES FOR AN ALL-CASH PURCHASE PRICE OF $1.5 BILLION.PRUDENTIAL FINANCIAL INC - DOES NOT EXPECT THERE TO BE ANY DIRECT IMPACT TO EMPLOYEE HEAD COUNT AS A RESULT OF TRANSACTION.PRUDENTIAL FINANCIAL INC - UPON CLOSING, ANTICIPATES A REDUCTION TO PRE-TAX ANNUAL ADJUSTED OPERATING INCOME OF APPROXIMATELY $290 MILLION.

Prudential Financial Reports Q2 EPS Of $5.40

Aug 3 (Reuters) - Prudential Financial Inc <PRU.N>::PRUDENTIAL FINANCIAL, INC. ANNOUNCES SECOND QUARTER 2021 RESULTS.Q2 ADJUSTED OPERATING EARNINGS PER SHARE $3.79.Q2 EARNINGS PER SHARE $5.40.Q2 EARNINGS PER SHARE ESTIMATE $3.11 -- REFINITIV IBES DATA.QTRLY BOOK VALUE PER COMMON SHARE OF $160.31 VERSUS $165.53 PER SHARE FOR YEAR-AGO.QTRLY ADJUSTED BOOK VALUE PER COMMON SHARE OF $104.39 VERSUS $92.07 PER SHARE FOR YEAR-AGO.QUARTER END ASSETS UNDER MANAGEMENT OF $1.730 TRILLION VERSUS $1.605 TRILLION FOR YEAR-AGO.PRUDENTIAL FINANCIAL - NOW EXPECT TO RETURN A TOTAL OF $11.0 BILLION TO SHAREHOLDERS THROUGH 2023, UP FROM $10.5 BILLION ANNOUNCED IN MAY 2021.

Prudential Financial Inc - Authorized $500 Million Increase To Co's Share Repurchase Authorization For Calendar Year 2021

July 21 (Reuters) - Prudential Financial Inc <PRU.N>::PRUDENTIAL FINANCIAL INC - AUTHORIZED $500 MILLION INCREASE TO CO'S SHARE REPURCHASE AUTHORIZATION FOR CALENDAR YEAR 2021.PRUDENTIAL FINANCIAL INC - CO'S AGGREGATE COMMON STOCK SHARE REPURCHASE AUTHORIZATION FOR FULL YEAR 2021 IS $2.5 BILLION.PRUDENTIAL FINANCIAL - EXPECTS TO RETURN TO SHAREHOLDERS IN FORM OF DIVIDENDS, SHARE REPURCHASES TOTAL OF $11.0 BILLION DURING YEARS 2021 THROUGH 2023.PRUDENTIAL FINANCIAL INC - ALSO INTENDS TO REDUCE FINANCIAL LEVERAGE IN 2021.

Great-West Lifeco U.S. Subsidiary Agrees To Acquire Prudential's Full-Service Retirement Business

July 21 (Reuters) - Great-West Lifeco Inc <GWO.TO>::GREAT-WEST LIFECO U.S. SUBSIDIARY AGREES TO ACQUIRE PRUDENTIAL'S FULL-SERVICE RETIREMENT BUSINESS.GREAT-WEST LIFECO INC - EMPOWER RETIREMENT TO ACQUIRE PRUDENTIAL'S FULL-SERVICE RETIREMENT BUSINESS FOR TOTAL TRANSACTION VALUE OF C$4.45 BILLION.GREAT-WEST LIFECO INC - HIGHLY ACCRETIVE TRANSACTION.GREAT-WEST LIFECO INC - DEAL VALUE INCLUDES APPROXIMATELY C$2.6 BILLION (US$2.1 BILLION) OF CAPITAL.GREAT-WEST LIFECO INC - EXPECTS TO FUND TRANSACTION WITH ABOUT US$1.15 BILLION OF LIMITED RECOURSE CAPITAL NOTES, AND US$1.0 BILLION OF SHORT-TERM DEBT.GREAT-WEST LIFECO INC - LIFECO EXPECTS TRANSACTION TO BE HIGHLY AND IMMEDIATELY ACCRETIVE TO ITS EARNINGS.GREAT-WEST LIFECO INC - EMPOWER EXPECTS TO INCUR ONE-TIME INTEGRATION COSTS OF APPROXIMATELY US$170 MILLION AND DEAL COSTS OF APPROXIMATELY US$55 MILLION.GREAT-WEST LIFECO INC - EPS ACCRETION OF 8-9% IS EXPECTED ON A RUN-RATE BASIS BY END OF 2023.GREAT-WEST LIFECO INC - EMPOWER'S CONTRIBUTION TO GREAT-WEST LIFECO'S EARNINGS IS EXPECTED TO GROW TO 30% BY END OF 2023.

Prudential Financial Reallocating $5-$10 Bln Of Capital By Pursuing Deals -Conf Call

May 5 (Reuters) - Prudential Financial Inc <PRU.N>::PRUDENTIAL FINANCIAL CEO SAYS REALLOCATING $5 -$10 BILLION OF CAPITAL BY PURSUING DEALS TO GROW IN ASSET MANAGEMENT AND IN INTERNATIONAL EMERGING MARKETS.PRUDENTIAL FINANCIAL EXEC SAYS CO EXPECTS EXPENSES AND OTHER ITEMS TO BE APPROXIMATELY $500 MILLION LOWER IN THE SECOND QUARTER- CONF CALL.PRUDENTIAL FINANCIAL EXEC SAYS CO ANTICIPATE Q2 NET INVESTMENT INCOME WILL BE REDUCED BY $10 MILLION -CONF CALL.PRUDENTIAL FINANCIAL EXEC SAYS CONTINUE TO EXPECT THE FULL YEAR 2021 CORPORATE AND OTHER LOSS TO BE ABOUT $1.5 BILLION -CONF CALL.PRUDENTIAL FINANCIAL EXEC SAYS ESTIMATED SENSITIVITY OF OPERATING INCOME FOR 100,000 INCREMENTAL U.S. DEATHS DUE TO PANDEMIC IS ABOUT $85 MILLION- CALL.

Prudential Financial Files For Potential Mixed Shelf Offering Size Not Disclosed

March 1 (Reuters) - Prudential Financial Inc <PRU.N>::PRUDENTIAL FINANCIAL INC FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.

Prudential says mulling "market sensitive, low growth units" to shrink, including life insurance

Feb 5 (Reuters) - Prudential Financial Inc Ceo Charles Lowrey Says Is Encouraged By Potential Of Johnson & Johnson <PRU.N>::EXECUTIVE SAYS INSURER IS LOOKING BEYOND SHRINKING ITS ANNUITIES BUSINESS TO CONSIDER ALL "MARKET SENSITIVE LOW GROWTH BUSINESSES" INCLUDING LIFE INSURANCE -CONF CALL.PRUDENTIAL FINANCIAL INC EXEC SAYS IS LOOKING FOR M&A OPPORTUNITIES FOR PGIM UNIT IN NEW PRODUCTS, INVESTMENT STRATEGY CAPABILITIES - CONF CALL.COVID VACCINE BECAUSE OF SINGLE SHOT, NO COLD STORAGE-CONF CALL.PRUDENTIAL FINANCIAL INC CEO SAYS OF J&J VACCINE, "WE THINK THAT COULD HAVE A LARGE EFFECT ON THE ABILITY OF THIS COUNTRY TO TO GET VACCINATIONS" - CONF CALL.PRUDENTIAL FINANCIAL INC CEO SAYS EXPECTS A "MATERIAL CHANGE" DURING THE NEXT THREE TO SIX MONTHS IN THE ABILITY TO VACCINATE PEOPLE - CONF CALL.

Prudential Financial Reports Q4 Adjusted Operating Earnings Per Share Of $2.93

Feb 4 (Reuters) - Prudential Financial Inc <PRU.N>::PRUDENTIAL FINANCIAL, INC. ANNOUNCES 2020 RESULTS.Q4 ADJUSTED OPERATING EARNINGS PER SHARE $2.93.Q4 EARNINGS PER SHARE $2.03.Q4 EARNINGS PER SHARE ESTIMATE $2.57 -- REFINITIV IBES DATA.QUARTER-END BOOK VALUE PER COMMON SHARE OF $167.81 VERSUS $155.88 PER SHARE FOR THE YEAR-AGO.QUARTER-END ADJUSTED BOOK VALUE PER COMMON SHARE OF $94.79 VERSUS $101.04 PER SHARE FOR THE YEAR-AGO.BOARD OF DIRECTORS HAS AUTHORIZED THE REPURCHASE OF UP TO $1.5 BILLION OF ITS OUTSTANDING COMMON STOCK.

Prudential Retirement - Unveiled Advice And Income Engines At Prudential, A Next-Generation Digital Managed Advice Platform, Powered By Nextcapital

Feb 2 (Reuters) - Prudential Financial Inc <PRU.N>::PRUDENTIAL RETIREMENT - UNVEILED ADVICE AND INCOME ENGINES AT PRUDENTIAL, A NEXT-GENERATION DIGITAL MANAGED ADVICE PLATFORM, POWERED BY NEXTCAPITAL.PRUDENTIAL RETIREMENT - ADVICE AND INCOME ENGINES SERVICE IS EXPECTED TO GO LIVE IN Q1 OF 2021.

Tata Consultancy Services To Buy Staff, Select Assets Of Pramerica Systems Ireland

Nov 12 (Reuters) - Tata Consultancy Services Ltd <TCS.NS>::TATA CONSULTANCY SERVICES LTD SAYS DEEPENS STRATEGIC PARTNERSHIP WITH PRUDENTIAL FINANCIAL.TATA CONSULTANCY SERVICES - TO ESTABLISH NEW GLOBAL DELIVERY CENTRE IN IRELAND.TATA CONSULTANCY SERVICES - TO BUY STAFF, SELECT ASSETS OF PRAMERICA SYSTEMS IRELAND (PRAMERICA), PFI’S UNIT BASED IN LETTERKENNY, IRELAND.TATA CONSULTANCY SERVICES - PRUDENTIAL FINANCIAL WILL RETAIN PRAMERICA IRELAND ENTITY.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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