“Prudential (PRU) reported strong sales across our global retirement and insurance businesses, as well as strong investment performance and net inflows in PGIM for the first quarter of 2025. Adjusted operating income was higher than the first quarter of last year, despite lower than expected alternative investment results due to weaker private equity and real estate returns. To continue to position the company for success, I will focus on evolving and delivering on our strategy, improving our execution, and fostering a high-performance culture that helps us achieve our growth ambitions. We will also continue to balance investments in the growth of our businesses with meaningful dividends and share repurchases, which exceeded $700 million in the first quarter. Looking ahead, the leadership team and I are committed to executing on our strategy to improve our financial performance, and we believe our robust financial strength and business capabilities put us in a strong position to support our customers in the current macroeconomic environment and be a global leader in investment, insurance, and retirement security.”
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