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Prudential to repurchase up to $1B of stock

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    Prudential Financial announced Tuesday that its Board of Directors has approved the repurchase of up to $1 billion worth of common stock from July 1, 2014, through June 30, 2015.

    Prudential’s board had previously approved the repurchase of $1 billion in common shares through June 30, 2014, the company said in a news release.

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    Eric Strauss

    Eric Strauss

    Eric Strauss is the digital content editor for NJBIZ. He has been a reporter and editor for newspapers in New Jersey and Pennsylvania, as well as for a number of websites. You can contact him at erics@njbiz.com or @acerimrat on Twitter.

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