Prudential Financial, US7443201022

Prudential Financial stock at USD 117.20 on September 28, 2026

Published on 09/28/2026 at 18:24 | Editorial responsibility: Rafael MĂŒller, Editor-in-Chief AD HOC NEWS

Prudential Financial shares last traded at USD 117.20 on September 28, 2026, down 1.88 percent. The company recently announced an Alexforbes stake sale and renamed its advice business.

Aquarellmalerei der Newark-Skyline mit Fluss und warmen Sonnenaufgangsfarben
Prudential Financial US7443201022 wird als sanftes Aquarell der Newark-Skyline am ruhigen Flussufer dargestellt, Illustration mit AI erstellt.

Prudential Financial, Inc. shares last traded at USD 117.20 on the NYSE on September 28, 2026, at 16:23:21 UTC. The stock was down 1.88 percent from the previous close.

Alexforbes stake sale

On September 18, 2026, Prudential Financial announced that its indirect subsidiary, New Veld, LLC, had entered agreements to sell all of Prudential’s shares in Alexander Forbes Group Holdings Limited, known as Alexforbes. The transactions are valued at approximately USD 185 million in aggregate. Alexforbes is expected to repurchase approximately 372.8 million shares, while ARC AF Holdings will acquire approximately 74.1 million shares from New Veld. The transactions are expected to close in the first half of 2027, subject to shareholder and regulatory approvals and other customary conditions, according to the company’s release.

Advice business renamed

Prudential Advisors, Prudential Financial’s U.S. financial advice business, announced on September 24, 2026, that it had become Prudential Wealth Advisors. The business supports more than 3,000 financial advisors across the United States. Its assets under management increased from approximately USD 27 billion in 2023 to USD 44 billion at the time of the announcement, an increase of more than 60.00 percent, according to the PR Newswire release.

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