An update from Prudential ( (GB:PRU) ) is now available.
Prudential plc has announced the purchase of 260,000 of its own ordinary shares on the London Stock Exchange, with plans to cancel these shares. This transaction, conducted through Barclays Securities Limited, aligns with the authority granted by shareholders and is part of Prudential’s strategy to manage its share capital. The cancellation of these shares will adjust the total number of voting rights, impacting shareholder calculations under regulatory guidelines.
More about Prudential
Prudential plc is a company that 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 simple and accessible financial and health solutions. Prudential has dual primary listings on the Hong Kong and London Stock Exchanges and is also listed on the Singapore and New York Stock Exchanges. It is part of the Hang Seng Composite Index and participates in the Shenzhen-Hong Kong and Shanghai-Hong Kong Stock Connect programmes.
YTD Price Performance: 31.59%
Average Trading Volume: 8,757,391
Technical Sentiment Signal: Hold
Current Market Cap: £21.88B
For detailed information about PRU stock, go to TipRanks’ Stock Analysis page.