Prudential Financial Inc. says it could spend up to $3.5 billion on buying back shares of common stock in 2008.
Prudential Financial Inc. says it could spend up to $3.5 billion on buying back shares of common stock in 2008.
A year ago, Prudential, Newark, N.J., earmarked $3 billion for buying back stock in 2007. The company has used about $2.6 billion of the 2007 stock repurchase authorization, the company says.
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.