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Prudential Financial board authorizes $2B in share buybacks

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Prudential Financial board authorizes $2B in share buybacks

Prudential Financial Inc.'s board has signed off on the repurchase of up to $2.0 billion of its outstanding common stock during the period from Jan. 1, 2020, through Dec. 31, 2020.

Such repurchases may be executed in the open market, through derivative, accelerated repurchase and other types of transactions.