Prudential Financial, Inc. (PRU) said Tuesday that its Board of Directors has authorized the repurchase of up to $1.0 billion of its outstanding common stock during the period from July 1, 2013 through June 30, 2014.
In June 2012, the Board authorized the repurchase of up to $1.0 billion of its outstanding common stock through June 30, 2013. The company has repurchased about $150 million of its common stock through March 31, 2013 under that authorization.
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