Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Health Insurance > Life Insurance Strategies

Principal Sets Stock Repurchase Program

X
Your article was successfully shared with the contacts you provided.

The board of Principal Financial Group Inc. has agreed to spend up to $500 million more on buying back the company’s common stock.

Principal, Des Moines, Iowa, recently completed spending $250 million on stock repurchases through a buyback program the company set up in May.

Principal now has about 262 million shares of common stock outstanding, the company says.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.