Prudential to buy back $1.2 billion of shares
Life and health insurer Prudential (PRU) has announced it will buy back $1.2 billion worth of shares over the course of 2026. The buyback comprises $500 million of recurring capital returns and $700 million from the successful IPO of ICICI Prudential Asset Management (IPAMC). Price: £12.00 +1.7% P/E: 12.5x Market Cap: £30.3bn Yield: 1.5% Our … Continue reading Prudential to buy back $1.2 billion of shares
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