Here is a selection of the latest press releases from Prudential. For more information from Corporate Public Relations at Prudential, please email GlobalPublicRelations@news-prudential.com, or contact our communications staff.

August 29, 2017

Prudential supports Hurricane Harvey relief efforts

Prudential supports the heroic recovery and relief efforts underway in the wake of Hurricane Harvey. The Prudential Foundation has pledged a $500,000 grant to the American Red Cross, which has been providing shelter, food and search and rescue operations in Texas and the Gulf Coast.

August 15, 2017

Finance chiefs’ pension risk transfer motivations revealed in new research

NEWARK, N.J., Aug. 15, 2017 - The increasing costs and volatility of managing defined benefit pension plans have long been at the center of the motivations for transferring a company’s pension risk to an insurer. But which costs and what kinds of volatility are finance chiefs most concerned about? A new survey involving 80 senior finance executives at companies with traditional pensions sheds light on the motivations behind pension risk transfer decisions in the executive suite. 

August 14, 2017

Prudential Financial, Inc. to Participate in KBW 2017 Insurance Conference; Live Webcast Available

NEWARK, N.J.--(BUSINESS WIRE)--Aug. 14, 2017-- Prudential Financial, Inc. (NYSE:PRU) will participate in the KBW 2017 Insurance Conference in New York on Thursday, September 7, 2017. On that day at approximately 9:30 a.m. ET Mark Grier, Prudential Financial, Inc.'s Vice Chairman, will discuss the company's businesses and strategies. Interested parties may listen to the presentation through a live audio webcast on Prudential Financial's Investor Relations website at investor.prudential.com. Please log on at least fifteen minutes early to register and download and install any necessary software. A replay will...
August 14, 2017

Prudential Capital Group provides $7.1 billion to middle-market companies in the first half of 2017

CHICAGO, Aug. 14, 2017 - Prudential Capital Group, a leading source of private capital for public and private companies, has provided more than $7.1 billion to companies and projects worldwide in the first two quarters of 2017. This milestone represents an increase of $1.8 billion compared to the first half of 2016, and an almost doubling in investments outside of North America. Prudential Capital Group is the private placement arm of PGIM, the $1.1 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

August 08, 2017

Prudential Financial declares quarterly dividend on Common Stock

NEWARK, N.J., Aug. 08, 2017 - Prudential Financial, Inc. (NYSE:PRU) announced today the declaration of a quarterly dividend of $0.75 per share of Common Stock, payable on September 14, 2017, to shareholders of record at the close of business on August 22, 2017.
August 08, 2017

Prudential Financial Declares Quarterly Dividend on Common Stock

NEWARK, N.J.--(BUSINESS WIRE)--Aug. 8, 2017-- Prudential Financial, Inc. (NYSE:PRU) announced today the declaration of a quarterly dividend of $0.75 per share of Common Stock, payable on September 14, 2017, to shareholders of record at the close of business on August 22, 2017. Prudential Financial, Inc. (NYSE: PRU), a financial services leader with more than $1 trillion of assets under management as of June 30, 2017, has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees are committed to helping individual and institutional customers grow and protect their ...
August 02, 2017

Prudential Financial, Inc. Announces Second Quarter 2017 Results

Net income attributable to Prudential Financial of $491 million or $1.12 per Common share versus $921 million or $2.04 per share for year-ago quarter. After-tax adjusted operating income of $919 million or $2.09 per Common share versus $829 million or $1.84 per share for year-ago quarter. Significant items in 2Q17, reflecting an annual review of actuarial assumptions and other refinements and the impact of market performance on Annuities, resulted in a net charge to net income of 65 cents per Common share for ongoing businesses and a net charge to adjusted operating ...
August 02, 2017

Prudential Financial, Inc. Announces Second Quarter 2017 Results

NEWARK, N.J., Aug. 2, 2017 – Prudential Financial, Inc. (NYSE: PRU) today reported second quarter results. Net income attributable to Prudential Financial, Inc., was $491 million ($1.12 per Common share) for the second quarter of 2017, compared to $921 million ($2.04 per Common share) for the second quarter of 2016. After-tax adjusted operating income was $919 million ($2.09 per Common share) for the second quarter of 2017, compared to $829 million ($1.84 per Common share) for the second quarter of 2016. 
August 01, 2017

PGIM Real Estate acquires The Quaye at Palm Beach Gardens

PALM BEACH GARDENS, Fla., Aug. 1, 2017PGIM Real Estate has acquired The Quaye at Palm Beach Gardens, a 340-unit, Class A apartment community in Palm Beach Gardens, Florida, on behalf of institutional investors. PGIM Real Estate is the real estate investment business of PGIM, the global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

July 26, 2017

PGIM Real estate acquires Midtown Atlanta office tower

ATLANTA, July 26, 2017PGIM Real Estate has acquired Regions Plaza, a 23-story, Class A office tower in Atlanta, Georgia, on behalf of institutional investors. PGIM Real Estate is the real estate investment business of PGIM, the global investment management businesses of Prudential Financial, Inc. (NYSE: PRU)