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Prudential Is Said to Seek $12 Billion Value on India JV Listing

Prudential Is Said to Seek $12 Billion Value on India JV Listing

Bloomberg04-03-2025

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Prudential Plc is considering seeking a valuation of about $12 billion for ICICI Prudential Asset Management Co. in a potential initial public offering of the Indian unit, according to people familiar with the matter.

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Costco cards good for 'hot dogs & rotisserie chickens,' not airports, TSA says
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timean hour ago

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Costco cards good for 'hot dogs & rotisserie chickens,' not airports, TSA says

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timean hour ago

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Up 725% in 10 Years: Why This Could Be Wall Street's Next Big Stock Split

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As a result, stock prices seem to move higher when management announces a stock split. In that case, it's best to buy a stock ahead of management's decision. And one stock, up 725% in the last decade, is a great buy at its current price whether management decides to split its shares or not. There are a few factors that go into the decision to split shares. For one, the stock probably has a relatively high price, making it difficult for retail investors to buy whole shares. But there are other factors at play as well, including how the company uses share-based compensation and how much of the business is owned by smaller investors. When all of them align, a stock split makes a lot of sense. That's why Meta Platforms (NASDAQ: META) looks poised to split its shares in the near future. Not only does the stock trade well above $650 per share, it pays out over $16 billion in share-based compensation per year and 20% of the shares outstanding are held by retail investors. 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