Insurer Prudential to Repurchase Up to $1.2 Billion in Shares by 2026

Insurer Prudential has announced an ambitious plan to repurchase up to $1.2 billion of its own shares by 2026, a move that has captured the attention of investors, analysts, and participants in the global stock market. This decision reflects the company’s confidence in its long-term business prospects and its commitment to returning capital to shareholders. For many market watchers, share repurchase programs signal strength and an efficient use of excess cash, which can boost earnings per share and support the company’s valuation over time.