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Prudential Financial ( (PRU) ) has issued an announcement.
Prudential Financial reported its 2024 financial results, highlighting a net income of $2.727 billion, up from $2.488 billion in 2023, despite a net loss in the fourth quarter of $57 million. The company experienced strong sales across its retirement and insurance businesses, expanded its distribution channels, and enhanced its product mix. Prudential declared an increased quarterly dividend and announced a $1 billion stock repurchase authorization for 2025, signaling strong shareholder returns and strategic growth efforts. The company continues to position itself as a global leader by focusing on high-growth opportunities and capital efficiency while achieving substantial progress in its business operations.
More about Prudential Financial
Prudential Financial, Inc. operates in the financial services industry, focusing on investment management, retirement savings, insurance products, and life insurance. The company serves both U.S. and international markets, aiming to expand access to investing, insurance, and retirement security.
YTD Price Performance: 0.52%
Average Trading Volume: 1,559,640
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $42.32B
Find detailed analytics on PRU stock on TipRanks’ Stock Analysis page.
