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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 announced the repurchase of 260,000 ordinary shares on the London Stock Exchange, with plans to cancel them, resulting in a total of 2,625,127,013 shares in issue. This transaction is part of a shareholder-authorized buyback program and affects the company’s voting rights, providing shareholders with updated figures for regulatory notifications.

More about Prudential

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

YTD Price Performance: 28.60%

Average Trading Volume: 8,222,841

Technical Sentiment Signal: Hold

Current Market Cap: £21.39B

See more insights into PRU stock on TipRanks’ Stock Analysis page.

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