Prudential Financial Registers Common Stock, Subordinated Notes on NYSE
Ticker: PRS · Form: 8-K · Filed: Jan 17, 2024 · CIK: 1137774
| Field | Detail |
|---|---|
| Company | Prudential Financial Inc (PRS) |
| Form Type | 8-K |
| Filed Date | Jan 17, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.298 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, securities-listing, debt, common-stock
TL;DR
**Prudential just confirmed its stock and some bonds are officially listed on the NYSE.**
AI Summary
Prudential Financial, Inc. filed an 8-K on January 17, 2024, to disclose that it has registered several classes of securities on the New York Stock Exchange (NYSE). These include its Common Stock (PRU), 5.950% Junior Subordinated Notes (PRH), and 5.625% Junior Subordinated Notes. This matters to investors because it confirms the liquidity and public trading status of these specific securities, providing transparency and accessibility for current and potential shareholders and bondholders.
Why It Matters
This filing confirms the official listing and trading of Prudential's key securities on a major exchange, which is crucial for market transparency and investor confidence.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of listed securities and does not indicate any new financial risks or operational changes for Prudential Financial, Inc.
Analyst Insight
A smart investor would note the confirmed listing of these securities, which ensures their liquidity and regulatory oversight, but recognize this filing itself doesn't present new investment opportunities or risks.
Key Players & Entities
- Prudential Financial, Inc. (company) — registrant
- New York Stock Exchange (company) — exchange where securities are registered
- Common Stock (security) — class of security registered
- 5.950% Junior Subordinated Notes (security) — class of security registered
- 5.625% Junior Subordinated Notes (security) — class of security registered
- PRU (ticker) — trading symbol for Common Stock
- PRH (ticker) — trading symbol for 5.950% Junior Subordinated Notes
- January 17, 2024 (date) — date of earliest event reported and filing date
Forward-Looking Statements
- Prudential Financial, Inc.'s registered securities will continue to trade actively on the NYSE. (Prudential Financial, Inc.) — high confidence, target: 2025-01-17
- The transparency provided by this filing will maintain investor confidence in the listed securities. (investors) — high confidence, target: 2024-07-17
FAQ
What is the purpose of this 8-K filing by Prudential Financial, Inc.?
The purpose of this 8-K filing is to disclose that Prudential Financial, Inc. has registered certain classes of its securities pursuant to Section 12(b) of the Securities Exchange Act of 1934, specifically on the New York Stock Exchange.
Which specific securities of Prudential Financial, Inc. are mentioned as being registered on the NYSE in this filing?
The filing explicitly states that 'Common Stock, Par Value $.01', '5.950% Junior Subordinated Notes', and '5.625% Junior Subordinated Notes' are registered on the New York Stock Exchange.
What are the trading symbols for the registered securities mentioned in the filing?
The trading symbol for the Common Stock is PRU, and for the 5.950% Junior Subordinated Notes, it is PRH. The filing does not provide a trading symbol for the 5.625% Junior Subordinated Notes.
What was the 'Date of earliest event reported' for this 8-K filing?
The 'Date of Report (Date of earliest event reported)' is stated as January 17, 2024.
Under which item of Form 8-K was this information disclosed?
The item information for this filing is 'Regulation FD Disclosure', indicating it falls under Item 7.01 or similar disclosure requirements for material non-public information.
Filing Stats: 449 words · 2 min read · ~1 pages · Grade level 10.6 · Accepted 2024-01-17 16:39:46
Key Financial Figures
- $1.298 — der management of the PGIM segment were $1.298 t rillion. SIGNATURES Pursuant to t
Filing Documents
- pru-20240117.htm (8-K) — 28KB
- 0001137774-24-000004.txt ( ) — 215KB
- pru-20240117.xsd (EX-101.SCH) — 4KB
- pru-20240117_def.xml (EX-101.DEF) — 18KB
- pru-20240117_lab.xml (EX-101.LAB) — 36KB
- pru-20240117_pre.xml (EX-101.PRE) — 18KB
- pru-20240117_htm.xml (XML) — 6KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. Prudential Financial, Inc. (the "Company") is furnishing this report on a quarterly basis to disclose the assets under management of its PGIM segment prior to the availability of the Company's quarterly earnings release and quarterly financial supplement, for the quarter and year ended December 31, 2023, scheduled for release on February 6 , 2024. As of December 31, 2023, assets under management of the PGIM segment were $1.298 t rillion.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 17, 2024 PRUDENTIAL FINANCIAL, INC. By: /s/ Robert D. Axel Name: Robert D. Axel Title: Senior Vice President and Principal Accounting Officer