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Prudential Adds Scrip Dividend Shares to LSE and Halts Certain Block Listings

Story Highlights
  • Prudential has admitted new ordinary shares to the London Stock Exchange, mainly from its scrip dividend alternative and 2023 Sharesave Plan, bringing total issued shares to about 2.52 billion.
  • The company will not issue shares previously covered by a block listing for international share option schemes and will stop filing new block listing applications as UK listing rules change.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prudential Adds Scrip Dividend Shares to LSE and Halts Certain Block Listings

Meet Samuel – Your Personal Investing Prophet

An announcement from Prudential ( (GB:PRU) ) is now available.

Prudential plc has admitted additional ordinary shares to trading on the London Stock Exchange’s main market, including a small number issued under its 2023 Sharesave Plan and about 5.7 million shares issued via its scrip dividend alternative for the 2025 second interim dividend. Following these admissions, the company’s total issued share capital now stands at 2,523,956,922 ordinary shares, with the new shares fully fungible with existing stock.

The group also confirmed that unissued shares previously covered by a block listing for its international saving-related share option schemes will not be issued, and it will cease making further block listing applications for those plans in light of changes to UK listing rules. The moves reflect ongoing capital management and employee share plan activity, while simplifying Prudential’s listing administration as regulatory requirements evolve.

The most recent analyst rating on (GB:PRU) stock is a Buy with a £14.00 price target. To see the full list of analyst forecasts on Prudential stock, see the GB:PRU Stock Forecast page.

Spark’s Take on PRU Stock

According to Spark, TipRanks’ AI Analyst, PRU is a Neutral.

The score is driven primarily by moderate financial quality: a solid, improving leverage profile and restored profitability, tempered by pronounced earnings/revenue and cash-flow volatility (including a sharp 2025 FCF decline). Earnings-call guidance and shareholder-return plans are constructive and lift the outlook, while technicals are the main drag due to bearish momentum and the stock trading below key moving averages. Valuation is supportive given the low P/E, with a modest dividend yield.

To see Spark’s full report on PRU stock, click here.

More about Prudential

Prudential plc is a life and health insurance and asset management group focused on Greater China, ASEAN, India and Africa, providing simple and accessible financial and health solutions. The company holds dual primary listings in Hong Kong and London, with additional listings in Singapore and New York, and is included in major Hong Kong market indices and Stock Connect programmes.

Average Trading Volume: 6,854,509

Technical Sentiment Signal: Buy

Current Market Cap: £29.29B

For an in-depth examination of PRU stock, go to TipRanks’ Overview page.

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