Prudential Adjusts Share Structure with Buyback

Prudential (GB:PRU) has released an update.

Prudential plc has announced a recent change in its share structure following the repurchase and cancellation of approximately 1.6 million ordinary shares. This move results in a slight reduction of the company’s total issued shares, reflecting a strategic adjustment in its equity management. The repurchase was executed at a price of GBP 6.582 per share, underscoring Prudential’s ongoing efforts to manage its capital efficiently.

For further insights into GB:PRU stock, check out TipRanks’ Stock Analysis page.