Prudential plc ADR Stock News

Prudential Plc (NYSE:PUK ) Q2 2024 Earnings Conference Call (Q&A) August 28, 2024 4:30 AM ET Company Participants Patrick Bowes - Investor Relations Anil Wadhwani - Chief Executive Officer Ben Bulmer - Chief Financial Officer Lilian Ng - Managing Director of Strategic Business Group, China, Hong Kong & Taiwan Dennis Tan - Managing Director of Strategic Business Group Solmaz Altin - Managing Dir...

Prudential plc (NYSE:PUK ) Q2 2024 Earnings Conference Call August 28, 2024 1:00 AM ET Company Participants Anil Wadhwani - Chief Executive Officer Ben Bulmer - Chief Financial Officer Anil Wadhwani Hello, I'm Anil Wadhwani, CEO of Prudential, and I'm delighted to give you an update on our First Half 2024 Results and the progress on the execution of our strategy announced 12 months ago. We are ...

Prudential PLC announced a $2 billion share-repurchase program Sunday, starting with a $700 million tranche.

Prudential plc has delivered positive operating performance, with APE sales up 37% YoY and new business profits up 45% YoY in 2023. The company's strong growth was driven by operations in Hong Kong, with improved margins and net income, while China saw a drop in new business profits. Prudential's valuation is currently at 1.38x book value, lower than its historical average, making it an attract...

JP Morgan anticipates Prudential PLC (LSE:PRU) will significantly increase its capital returns to shareholders from 2025. Despite robust growth in new business value and promising free cash-flow prospects, the insurance giant continues to trade at discounted valuations — approximately 0.55 times its expected enterprise value and about 0.7 times its comprehensive equity for 2024.

Prudential plc (PUK) H2 2023 Earnings Call Transcript

Shares in financial services business Prudential fell on Wednesday after an underwhelmed response from the market to forecast-beating trading numbers.

Prudential PLC's adjusted operating profit rose in 2023, beating analysts' consensus forecast amid lower central costs and higher earnings from Eastspring, its asset management business.