PRUDENTIAL FINANCIAL INC (PRU)

Prudential Financial, Inc. engages in the provision of insurance, investment management, and other financial products and services. It operates through the following segments: Prudential Investment Management, Inc. (PGIM), U.S. Businesses, International Businesses, and Corporate and Others. The PGIM segment involves the provision of investment management services and solutions related to public fixed income, public equity, real estate debt and equity, private credit and other alternatives, and multi-asset class strategies. The U.S. Businesses segment includes retirement strategies, group insurance, and individual life. The International Businesses segment focuses on investing in existing businesses and assessing acquisition opportunities. The Corporate and Other Operations segment involves the corporate items and initiatives not allocated to business segments. The company was founded by John Fairfield Dryden in 1875 and is headquartered in Newark, NJ.

Address

751 BROAD ST
NEWARK, NJ 07102

Founded

1875

Number of Employees

40,658

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
$543,852 $251,685 $1,251,985 $313,619 $815,063 $2,572,116 $568,271 $2,555,881 $1,625,953 $1,123,358 $609,278 $1,111,915
Average Price $85.77 $80.80 $84.82 $112.50 $101.43 $91.88 $76.11 $101.44 $104.53 $92.35 $111.53 $94.90
# Shares Purchased 6,340,819 3,114,969 14,760,092 2,787,629 8,035,425 27,995,615 7,465,992 25,195,085 15,554,860 12,164,384 5,462,772 11,716,149
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 35.2% 43.6% 36.8% 3.1% 14.4% 26.3% 52.4% 14.3% 11.0% 25.6% 4.0% 22.2%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 94.0%
Excess Total Return -146.6% -129.4% -131.8% -126.6% -90.5% -66.9% -22.4% -17.3% -26.3% -5.7% -3.4% -71.7%
Quartile Rank
Percentile Rank 42% 46% 44% 39% 43% 49% 57% 59% 57% 66% 49% 57%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.