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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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