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Prudential Announces Share Buyback and Cancellation

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Prudential Announces Share Buyback and Cancellation

The latest announcement is out from Prudential ( (GB:PRU) ).

Prudential plc has repurchased 260,000 of its ordinary shares on the London Stock Exchange, with the intention to cancel them, thereby adjusting its total shares in issue to 2,627,187,013. This transaction, conducted through Barclays Securities Limited, aligns with the authority granted by shareholders and adheres to the rules of the London Stock Exchange and the Hong Kong Code on Share Buy-backs, impacting the company’s voting rights and shareholder notifications.

More about Prudential

Prudential plc provides life and health insurance and asset management services across 24 markets in Asia and Africa. The company aims to be a trusted partner by offering accessible financial and health solutions. It is listed on multiple stock exchanges, including Hong Kong, London, Singapore, and New York, and participates in various stock connect programs.

YTD Price Performance: 16.55%

Average Trading Volume: 7,808,279

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £19.55B

Find detailed analytics on PRU stock on TipRanks’ Stock Analysis page.

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