Prudential Announces Share Buyback After Reporting 10% Profit Growth
Prudential has reported a 10 percent increase in first-half new business profit and announced a $300 million share repurchase program. The company noted that while overall profitability rose, growth in new business volumes has begun to slow.
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Prudential increases share buyback as profits rise 10% - The Times
Prudential increases share buyback as profits rise 10% The Times
Read full article →Prudential sees new business profit growth slow, announces US$300m share buy-back
British insurer Prudential announced a US$300 million share buy-back, to be completed by December, as it reported an 8 per cent increase in new business profit for the first half of the year. The buy-back and slower profit growth came amid market concerns over a potential pullback in mainland Chinese visitors to Hong Kong that could test the performance of insurers in one of their largest markets. New business profit – a key metric tracking the future profitability of newly written life...
By Enoch Yiu,Christina Zhao
Read full article →Prudential PLC Posts Higher New Business Profit in First Half - Morningstar
Prudential PLC Posts Higher New Business Profit in First Half Morningstar
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