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Prudential Plc shares fall 1.11% premarket after PGIM announces $619M final close of middle market energy fund.
ByAinvest
Friday, Aug 22, 2025 6:55 am ET1min read
Prudential Plc declined 1.11% in premarket trading. The company's share buyback announcement, where PGIM closed its second commingled private credit fund with $619 million in available capital, did not prevent the stock from falling. The fund attracted a diverse group of institutional investors, including insurance companies, pension funds, and family offices, and provides financing to middle market upstream oil and gas and midstream companies in North America.
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